According to its website, the Dataroom software enables users to securely manage important documents. It is utilized in M&A transactions, loan syndications and licensing, as well as restructuring. It boasts faster uploads, security measures, such as SmartLock that lets administrators revoke access to files even after downloading, built-in redaction and DocuSign integration. The system also includes dedicated project managers and bank-grade security.

Other features include drag-and drop file upload in bulk, large document and invitation upload, custom watermarks and advanced notifications as well as audit trails, as well as audit trails and reports. The prices are competitive. It is often known as VDR (virtual deal room). The software can be coupled with other tools to create more efficient workflows. It gives a trial for free. The software is compatible with both Linux and Windows.