iDeals Virtual Data Room
“ iDeals VDR has an extremely intuitive interface that was very easy for me to understand even though I never used data rooms. Everyone in my company feels very comfortable using this data room. “
This data room has managed to create quite a reputation for itself of the past ten years and has proven itself as leader among virtual data rooms available on the market today. In fact, it doesn’t even matter which industry you are in since you will be able to leverage the many collaboration and customization tools needed to perform all kinds transactions, conducting due diligence and pretty much anything else that your project entails. What really stands out is that everything was thought out and even the most tedious tasks can be accomplished with greater efficiency. You will be able to sleep soundly at night without having to worry about a possible data or security breach since there are firewalls and data encryptions protecting your data, not to mention innovative features such as the fence view, which acts as a physical barrier between the user and the data.
Considering everything mentioned above, perhaps what makes it the best virtual data room is its top-level security and commitment to facilitating the collaboration process. It has high-level security features that go above and beyond the standard ones offered by other data rooms that will allow you to rest assured knowing that everything you uploaded into the data room stays secure. Even with all of these security precautions in place, it does not hinder collaboration at all and some documents may even be accessed offline.
Also, in order to facilitate collaboration, the iDeals VDR has a Q&A section, which really makes it easy for participants to communicate with one another in a secure manner. All of your communication stays secure and will be stored inside the data room should there be a need to review it. There are also settings that allow the room administrator to determine who can ask questions and even who can see the Q&A section. This really simplifies a lot of the difficult things associated with your project and allows you to perform them in an efficient manner.
Another great aspect of the iDeals Virtual Data Room is its customer service. Whenever you are starting to use a virtual data room for the first time, you will most likely have some questions regarding functionality. Many other virtual data rooms out there will transfer your call to an automated voice messaging system or their customer service teams are available during limited hours. The iDeals data room support team will be there for you 24/7 and, best of all, support is available in 12 languages.
When compared with other virtual data room providers it stacked up much better in various categories including usability, security and customer service.
Features Checklist:
| Bankruptcy | yes |
| Biotech Licensing | yes |
| Board Portals | yes |
| Clinical Studies | yes |
| Debt Financing | yes |
| Distressed Real Estate | yes |
| Document Repository | yes |
| Due Diligence | yes |
| Fundraising | yes |
| Hedge Funds | yes |
| IPO & Exits | yes |
| Litigation | yes |
| M&A Buy Side | yes |
| M&A Sell Side | yes |
| Post Merger | yes |
| Private Equity | yes |
| Procurement Management | yes |
| Restructuring | yes |
| File Formats Supported | All MS Office document formats, as well as pdf, txt, pub, rtf, htm, html, mht, jpg, jpeg, jpe, gif, bmp, png, tif, tiff, wmf, and flv |
| Automatic Numerical Indexing of Files & Folders | yes |
| Drag & Drop Upload of Multiple Files and Folders | yes |
| Desktop Synchronization | yes |
| Archives Upload & Extraction | yes |
| Export of Data Room Index to Excel | yes |
| Document Version Control | yes |
| Multilingual Documents Index | yes |
| Granular Document Permissions | yes |
| View-Only Access | yes |
| Prevention of Download, Print and Copy | yes |
| Remote Shredding of Documents | yes |
| Customizable Document Watermarks | yes |
| Secure Fence View | yes |
| Document Access Expiry | yes |
| 256-Bit SSL/TLS Encryption | yes |
| Data at Rest Encryption | yes |
| 99.9% Uptime Guarantee | yes |
| ISO 27001 Certified | yes |
| SOC 2 Certified | yes |
| SSAE 16 Certified | yes |
| Data Backup | yes |
| Virus Scanning | yes |
| Two-Factor Authentications | yes |
| Mobile Device Management | yes |
| Granular User Permissions | yes |
| Permission Groups | yes |
| Access Expiration | yes |
| Access Limitation by IP Address | yes |
| No Plugins | yes |
| Scroll-Through Web-Based Document Viewer | yes |
| Web-Based Excel Spreadsheets Viewer | yes |
| iOS Application | yes |
| Android Application | yes |
| Mobile Device Interface | yes |
| User Interface Languages | English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese |
| Search by Name | yes |
| Search by Content (Full Text Search) | yes |
| OCR (Optical Character Recognition) | yes |
| Filtering by Parameters | yes |
| Basic Questions & Answers Module | yes |
| Advanced Questions & Answers Module | yes |
| Secure User Messaging | yes |
| New Document Email Notifications | yes |
| Files & Folders Notes | yes |
| Tracking of All User Activity | yes |
| Real-Time Audit Trail | yes |
| Graphic Reports | yes |
| Exporting Reports to Excel | yes |
| Tracking of Document Viewing Time | yes |
| Scheduled Reports (Sending to Email) | yes |
| Branded User Interface | yes |
| Custom Domain | yes |
| Custom Login Page | yes |
| Custom User Invitation Letter | yes |
| Custom Agreements for Accessing Data Room | yes |
| Active Directory Integration | yes |
| Single Sign-On Integration | yes |
| Customer-Managed Encryption Keys | yes |
| Integrations Through APIs | yes |
| Custom Workflows and Features | yes |
| Business Hours Support | yes |
| 24/7 Email Support | yes |
| 24/7 Phone & Email Support | yes |
| Online Help Center | yes |
| Live Trainings | yes |
| Dedicated Project Manager | yes |
| Data Room Archive on DVD or USB Drive | yes |
| Translation Services | yes |
| Support Languages: | English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese |
| Cloud (Web-Based) | yes |
| On-Premise (Installed) | yes |
| Multiple Datacenter Locations | yes |
| Free Demo | yes |
| Free Trial: | 30-Day Trial |
| Price: | Starts from $99 per Month |
| Established: | 2008 |
| Locations: | United States, Canada, Brasil, Turkey, UAE, Israel, United Kingdom, Germany, Russia, Cyprus, Ukraine, Hong Kong, Japan, India, China, Singapore |
| Employees: | 200 |
| Clients: | EMAAR, PWC, BARCLAYS CAPITAL, LINKLATERS, BANK OF AMERICA, WELLS FARGO, EY, CITY, SHELL, DELOITTE, ALLEN & OVERY, UBC, KPMG, STARBUCKS, ROTHSCHILD |
Mutual Fund Manager
This is my first experience of using data rooms, and I believe that I won’t want to switch to another provider any time soon.
Corporate Financial Analyst
iDeals was our last-minute decision as we needed a data room for a soon upcoming deal. And even though we had virtually no time to sit down and figure out the technology, we could understand quickly how to use all the numerous features. The deal was very smooth and we managed to close it successfully very quickly thanks to analytics and collaboration tools iDeals has.
CEO
I chose iDeals for my company because my fellow business owner is using this VDR as well. And now I understand perfectly why he sticks to this provider. iDeals data room is packed with different useful instruments. And even though there are many functions, the interface is very clean and doesn’t feel overwhelming.
Assistant
We’ve been using another data room provider for a while but recently we decided to switch to iDeals. This VDR is so much better than what we used to have! The interface is so simple to use, and there are a lot of features we didn’t have before. We’re definitely going to stick to iDeals.
CEO
I’ve tried several providers for my company, but I find iDeals virtual data rooms to be the best fit for our needs. It has all the features my employees need to work with documents. Also, my partners seem to have no issues using it to access the required files. And 24/7 support is great in case something happens.
Assistant to General Manager
iDeals is the first data room provider we’ve tried for our company, and it seems like we’re going to stick to it for a long time. The iDeals VDR has all the features we need for deals and document management. And the interface is very intuitive. But what we like the most are the reports that are very helpful during deals.
Procurement Director
I’ve tried several different providers in my company, but iDeals seems to be the best fit for me. Finally, there is a data room with all the features I need and, most importantly, a straightforward interface. With other providers, I used to spend a lot of time trying to understand the functions. But with iDeals VDR, there is no struggle.
Key Account Manager Biopharm
We used another provider for a couple of years, but switching to iDeals VDR was one of the best decisions we’ve made. Now we have all the features we need to maintain the documents. I was afraid it would take a lot of time for us to get used to new software. But the interface is so simple that we didn’t need any help with it.
Executive Director
In my company, we’re using iDeals for over a year, and we’re totally satisfied with it. The interface is intuitive and straightforward, and it looks great, which is important, too. The best thing is the reaction of our potential partners to the iDeals VDR – I feel like it creates a nice impression about our company. Also, having all the necessary functions we execute deals way faster now.
Accountant
iDeals VDR is perfect for us. I like that this data room has all the necessary features, but the interface is not overloaded. It is effortless to use, and we didn’t have any issues with this data room. However, during the first deal, I needed some help in organizing the workspace. And iDeals support was very helpful and attentive.
General Manager
We’re using iDeals for a couple of months now, and I genuinely don’t know how we managed to work without it. iDeals VDR has all the features my business needs to maintain the corporate documents and the communication with our partners. And the interface is perfectly simple. Everyone could figure it out almost instantly.