Open Source Virtual Data Room

A virtual data room provides a safe and secure environment to share files and documents with multiple stakeholders during M&A. It allows users to communicate with other participants, review and comment documents, track activity, and more. Its benefits include an easy-to-use interface along with robust security and collaboration capabilities as well as a lower cost in comparison to traditional blog storage solutions.

In a VDR access is controlled by permissions that are set at the level of the document or folder. You can restrict the download to only PDF versions of documents or documents with watermarks. Documents can be scheduled to expire, and you can track who downloaded what documents when. Administrators can also “virtually shred” a document or disable the rights to download if required.

A great virtual data room should also provide an easy and flexible platform that is able to be customized to meet your specific business processes, IT systems and workflows. It should also support drag-and-drop uploading and allow the creation of custom folder structures as well as a thorough search facility. It should also offer an audit trail and a simple file tagging feature to ensure that all activities are recorded.

The ideal open-source virtual data room should include an extensible API that allows integration with other tools and applications. It will also offer various options for customization such as the ability to design your own branded user interface and a strong security model that safeguards against insider threats. It also conducts regular vulnerability scans, conduct infrastructure penetration tests and will implement security against denial-of-service attacks.