Why Users Choose ideals Data Room?

ideals
Capterra:
4.8
G2:
4.7
Software Advice:
4.8

What is ideals. Data Room?

This is a convenient and simple solution for storing and accessing lots of corporate data, as well as establishing collaboration in a single environment. As a virtual data room solution, it is designed for secure, complex corporate transactions such as mergers and acquisitions. Being among pioneers in the sphere of secure data storage, ideals. VDR (virtual data room) is perfect for storage of mission-critical business documents. In addition to its intuitive platform, ideals serves as virtual data room software, providing secure document sharing, deal management, and collaboration for high-stakes business needs. Together with the services of a data center, customers are provided with a user-friendly, intuitive data room that simplifies complex processes and makes accessing and managing their files easy.

ideals. is positioned within the broader category of business software, offering secure corporate collaboration for organizations of all sizes.

Key features of ideals. VDR

What makes this solution one of the market leaders? True care about customers and provision of valuable security and data management tools – these are ideals’ strong sides. Therefore, if you need something more than just a virtual data room, ideals is exactly the thing. The company offers a myriad of useful data room features, including:

  1. Intuitive and simple interface for both desktop and mobile devices. You don’t have to spend time on installation – your storage environment can be accessed like a cloud.
  2. Drag-and-drop navigation for importing the entire company infrastructure in a couple of minutes.
  3. Easy management of asset rights with robust access control and detailed user permissions. You can set up the user access and decide who can view, edit, obtain, or print documents.
  4. Advanced document management capabilities, including bulk upload, automatic indexing, and full-text search to streamline organization and retrieval.
  5. Supports over 25 file formats.
  6. Enhanced collaboration with document sharing and secure document sharing as central features, ensuring efficient and confidential exchange of information.
  7. Data encryption for absolute security and privacy, with secure document storage and enhanced security measures.

These advanced protocols and controls are focused on ensuring airtight security throughout every stage of your transaction or data sharing process.

Customers

100% of the top 25 investment banks and thousands of enterprises, legal firms and life science companies have used ideals Virtual Data Rooms. ideals’ reputation is supported by aggregating user reviews from various platforms, demonstrating strong customer satisfaction and credibility. Additionally, ideals supports global expansion for organizations by providing secure solutions that streamline compliance, collaboration, and transaction management across multiple regions.

The advantages and disadvantages of ideals Data Room

According to customers’ reviews, ideals data room is very convenient in use, but still not devoid of minor drawbacks. Let’s take a closer look at the peculiarities of ideals virtual data room.

AdvantagesDisadvantages
  • Compatible with most OS and devices.
  • Very simple interface and access.
  • Doesn’t require plug-ins.
  • Two-step authentication and data encryption are used for ultimate safety.
  • Drag-and-drop navigation. Users don’t have to learn for too long to start using the platform freely.
  • User-friendly and supportive customer service.
  • Impeccable customer service with a responsive customer support team and support team available to assist users.
  • Dedicated project management team and dedicated project managers provide onboarding and ongoing support.
  • Multi project management features help simplify project management for complex transactions.
  • Secure handling of critical documents and managing confidential information.
  • Supports corporate deal management for mergers, acquisitions, and other strategic activities.
  • In-built data room index can be confusing for inexperienced users.
  • The absence of some essential tools for working with documents (tracking, retention, archiving, indexing).
  • No offline access to data.
  • File types cannot be converted.
  • The reports lack some essential information and may be inconvenient (more graphics are needed).
  • The subscription based pricing model may not fit all organizations.

A 30 day free trial is available for new users to test the platform and experience its features risk-free.

Security of ideals virtual data rooms

Wonder if you can trust the data room with your mission-critical information? ideals is committed to security compliance with industry standards, ensuring your assets will stay safe and secure thanks to:

  • Personalized watermarks on your assets.
  • 2-step authentication process to block unauthorized access.
  • Time limits and IP address restriction.
  • Secure viewers.
  • Access settings that can be modified by the right owner only.
  • Fence view that prevents attacks.
  • Real-time tracking of who and when accesses your documents.
  • Advanced document security measures, including redaction and dynamic watermarks to protect sensitive information.
  • Remote shred capability, allowing you to delete sensitive files remotely for enhanced security.

These features not only protect your data but also help organizations streamline compliance audits and meet regulatory requirements efficiently.

Due Diligence with ideals virtual data room

When it comes to managing due diligence, having a secure and efficient platform for sharing sensitive documents is crucial. Data rooms for due diligence are specialized virtual data room solutions designed to streamline the review and exchange of critical information during complex financial transactions. ideals virtual data room stands out as a trusted provider in this space, offering a robust virtual data room that meets the highest standards of data security and user experience.

The due diligence process often involves the careful examination of a company’s financial, legal, and operational records. With ideals virtual data room, organizations can securely upload files, organize multiple files and folders, and control access to sensitive documents with granular document permissions. This ensures that only authorized users can view or interact with confidential information, providing peace of mind during high-stakes transactions.

ideals virtual data room is equipped with advanced security features such as two-factor authentication, secure spreadsheet viewer, and dynamic watermarks, all designed to protect sensitive data from unauthorized access. The platform’s audit trails and real-time activity tracking allow virtual data room administrators to monitor document access and user actions, supporting compliance and transparency throughout the due diligence process.

One of the standout features of ideals virtual data room is its advanced Q&A workflows. These tools enable seamless communication between parties, allowing user queries to be managed efficiently and securely within the data room. This not only accelerates the due diligence process but also ensures that all questions and answers are documented for future reference.

Project management is simplified with ideals, as the platform provides an intuitive interface for managing multiple projects, users, and documents. Whether you’re handling mergers and acquisitions, real estate investment, or other complex financial transactions, ideals virtual data room offers the flexibility and control needed to keep everything organized and secure.

In summary, idDeals virtual data room is an ideal solution for due diligence, combining advanced security, granular permissions, and powerful project management tools. By leveraging ideals, companies can confidently manage sensitive documents, control access, and ensure that every stage of the due diligence process is handled with efficiency and integrity.

Bottom line

Although it lacks some crucial features, ideals is optimal for the storage of mission-critical business files. This is also a great data room for M&A transactions. Using its services, you can simplify the complicated due diligence process. Besides, it can be a very cost-efficient platform saving you space, expenses and time on managing paper documents. With a reliable data room, you can easily store, search and access all necessary data, add new documents and protect your important info.

All in all, ideals would be suitable for handling corporate documents at all stages of company existence: starting from the foundation and finishing by the M&A process. Both large and minor businesses can benefit from this solution. As a leading virtual data room provider, ideals delivers secure, user-friendly, and comprehensive solutions for organizations of all sizes.

iDeals Virtual Data Rooms features:

Features iDeals Virtual Data Rooms

Industry Solutions

Bankruptcy
Biotech Licensing
Board Portals
Clinical Studies
Debt Financing
Document Repository
Due Diligence
Fundraising
IPO & Exits
Litigation
M&A Buy Side
M&A Sell Side
Private Equity
Restructuring

Files & Folders Management

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
Drag & Drop Upload of Multiple Files and Folders
Archives Upload & Extraction
Export of Data Room Index to Excel
Document Version Control
Multilingual Documents Index

File Protection & Digital Rights Management

Granular Document Permissions
View-Only Access
Prevention of Download, Print and Copy
Remote Shredding of Documents
Customizable Document Watermarks
Secure Fence View
Document Access Expiry
256-Bit SSL/TLS Encryption

Data Hosting

99.9% Uptime Guarantee
ISO 27001 Certified
SOC 2 Certified
Data Backup

Access Security

Two-Factor Authentications
Mobile Device Management
Granular User Permissions
Permission Groups
Access Expiration
Access Limitation by IP Address

Accessibility & Ease Of Use

No Plugins
Scroll-Through Web-Based Document Viewer
iOS Application
Android Application
Mobile Device Interface
User Interface Languages: English, Spanish, German, French, Dutch, Italian, Polish, Turkish, Portuguese, Swedish, Chinese, Japanese, Korean, Russian

Search, OCR & Filters

Search by Name
Search by Content (Full Text Search)
OCR (Optical Character Recognition)
Filtering by Parameters

Collaboration Features

Basic Questions & Answers Module
Advanced Questions & Answers Module
Secure User Messaging
New Document Email Notifications
Files & Folders Notes

Activity Tracking & Reporting

Tracking of All User Activity
Real-Time Audit Trail
Graphic Reports
Tracking of Document Viewing Time
Scheduled Reports (Sending to Email)

Customization

Branded User Interface
Custom Login Page
Custom User Invitation Letter
Custom Agreements for Accessing Data Room
Single Sign-On Integration
Customer-Managed Encryption Keys
Integrations Through APIs

Support & Services

Business Hours Support
24/7 Email Support
24/7 Phone & Email Support
Online Help Center
Live Trainings
Dedicated Project Manager
Data Room Archive on DVD or USB Drive
Translation Services
Support Languages: English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese

Deployment Options

Cloud (Web-Based)
On-Premise (Installed)
Multiple Datacenter Locations

Trial & Pricing

Free Trial: 30-Day Trial
Price: Contact iDeals to request pricing

Company Info

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: EY, CITY, PETROBRAS, DELOITTE, KPMG, BDO, TOYOTA, LG, KYOCERA, AMERICAN AIRLINES, BRAINCO, BTA, JLL