Datasite is a reputable virtual data space that is equipped with powerful tools that can help companies close deals faster. It has a powerful support system that enables customers to contact representatives via chat, email or phone in a variety of languages.
DataSite is cloud-based platform which helps investment banks, M&A professionals, and law firms close transactions using its indexing of folders, the organization of files and simple retrieval of documents. The platform also includes the ability to control access for administrators to determine who can access, edit or download files. Its built-in redaction feature helps streamline due diligence with image and text redacting, which automatically detects sensitive data.
Its security features include encryption of data in transit and at rest, and a vulnerability assessment program that allows independent experts to test the security of the platform. Moreover, Datasite is HIPAA compliant and is certified and audited under the ISO 27001 environment. Its staff undergoes regular training on security requirements and each year, they sign a code of conduct and confidentiality agreement.
Datasite’s powerful capabilities have caused industry analysts to identify it as one of the most sought-after data rooms. Datasite is utilized by a variety of companies that are in the legal, financial services, energy, oil, banking and healthcare, pharmaceuticals, banking, and technology sectors. It offers a user-friendly interface that makes it easy for users to upload files and organize them into directories. Its clever file upload feature and drag-and drop functionality decreases the time needed for data room preparation.
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