A dataroom can be described as a virtual repository which allows multiple parties to share and access files. These tools are utilized to facilitate due diligence in M&A dataroom-software.org/ loans, loan syndications licensing, venture capital, private equity and other transactions carried out by bankers, attorneys and investors. There are a variety of options for dataroom software. Certain dataroom software is more popular than others. SmartRoom for instance, is primarily used by investment banks, M&A, and structured finance, and it features upload speeds of up to 5MB per second, as well as a granular control system with SmartLock redaction, DocuSign integration, and dedicated project managers. It has a 4.8 star rating on Capterra. Another option is the Content Snare that focuses more on information requests than document management.