Secure datarooms are online storage facility that allows confidential documents from businesses to be shared during due diligence legal transactions, due diligence, or financing. Traditionally, this due diligence was conducted in physical places such as rooms at a company headquarters or in law firm offices or even a central secure place, but now the information is stored electronically and can be accessed at any time via a virtual platform.

When a project requires sensitive documents to be shared with many third parties, the chance that these documents will end up in the wrong hands is higher if using generic file-sharing tools such as email or Google Drive than if a designated data room was used. Furthermore, while these tools are great for regular file sharing, they don’t have the security features that are vital when sharing sensitive data with a select group of third parties in transactions or deals for example, user restriction settings, granular auditing capabilities watermarks, etc.

With CapLinked, Secure Data Room is a simple and intuitive software tool that provides ironclad security to enable collaboration and document exchange with select third parties during a M&A or capital raising process. This software comes with a variety of advanced features that allow you to automatically redact sensitive information from files and folders, search text within images, create multiple versions of documents (e.g. This includes a full suite of advanced features that allow you to automatically remove sensitive information from folders and files and search text within images, and create multiple versions of a document (e.g. These features can cut down the time taken by teams to complete projects and help make a better more informed decision in M&A or other business events.

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