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FirmRoom Virtual Data Room FAQs
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Updated October 12, 2018 How secure is FirmRoom?
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FirmRoom Virtual Data Room | October 12, 2018
FirmRoom use the same data security protocols as banks and other major financial institutions. All data accessed or transmitted through the platform is encrypted using 256 bit SSL encryption. The physical data is stored in secure vaults with stringent access restrictions. Security features built directly into the platform—document expiration, fully customizable access, password identification, timed logout, and others—ensure that sensitive data is secure from the user end as well. (more)
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Updated October 12, 2018 How much data can I store with FirmRoom?
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FirmRoom Virtual Data Room | October 12, 2018
Storage space is scalable to the individual needs of our clients. Our team will work with you to determine your storage requirements at a price that makes sense for your company. (more)
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Updated October 12, 2018 Who can benefit from the use of FirmRoom?
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FirmRoom Virtual Data Room | October 12, 2018
FirmRoom is a highly adaptive platform that can be integrated into the IT solutions of almost any company. Although our product is designed with the specific needs of the financial sector—especially M&A due diligence—in mind, companies in a wide variety of industries are discovering the many potential uses for VDR tech in their fields. Industries currently using virtual data rooms to protect their data include: legal services, pharmaceutical and clinical research, mining and energy production and real estate management.
At FirmRoom, we aim to further expand the role of VDR technology by providing a basic data room platform at a price point available to even small businesses. Whether you’re with a major firm looking to optimize your due diligence with the most powerful platform available, or you simply need a secure dropbox alternative, FirmRoom can help. (more)
At FirmRoom, we aim to further expand the role of VDR technology by providing a basic data room platform at a price point available to even small businesses. Whether you’re with a major firm looking to optimize your due diligence with the most powerful platform available, or you simply need a secure dropbox alternative, FirmRoom can help. (more)
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Updated October 12, 2018 What is a VDR?
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FirmRoom Virtual Data Room | October 12, 2018
A form of highly secure storage and collaborative document processing, Virtual Data Room (VDR) technology is used around the world to protect sensitive data during major corporate financial actions. Firms involved in M&A, document due diligence, divestiture, corporate finance, and a variety of other fields use VDRs as an integral part of their daily processing. (more)