How does a virtual data room work?
A virtual data room is not exactly new technology. It has been around for a while, providing secure, reliable document storage and management to businesses and other organizations that need to share sensitive information with third parties.But, despite the long history and continued utility, virtual deal rooms are still often misunderstood. How do they work? What do they do? Are they just some kind of fancy folder on your computer desktop?Well… no. Virtual deal rooms are a bit more complicated than that. But they're not more complex than they have to be: the technology is designed to be as user-friendly and straightforward as possible. They're just not quite as simple as people sometimes assume, so let's take a look at the basics of how a virtual deal room works.The basics ...