Why most of Users Choose iDeals Data Room? | datarooms.sg
Site Loader
ideals data room logo
Ease of Use
5 / 5.0
Customer Support
5 / 5.0
Speed & Availability
5 / 5.0
Features
4.7 / 5.0
Value for Money
5 / 5.0
Reviews 9
4.9 / 5.0
"I am very satisfied with the service. The thing we worry about most is safety, and the safety is not an issue with iDeals. Also the customer service is very friendly. I do not think I am experienced enough to make the call on what is good or bad about this product. It just works for me and the company I work for."
Eric W. - Biotechnology & Co
5.0
4.7
4.92

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. Being among pioneers in the sphere of secure data storage and, iDeals VDR (virtual data room) is perfect for storage of mission-critical business documents. Together with the services of a data center, customers are provided with a user-friendly, intuitive platform for accessing and managing their files.

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 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. You can set up the user access and decide who can view, edit, obtain, or print documents.
  4. Supports over 25 file formats.
  5. Data encryption for absolute security and privacy.

Customers

100% of the top 25 investment banks and thousands of enterprises, legal firms and life science companies have used iDeals Virtual Data Rooms.

The advantages and disadvantages of choosing 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.In-built data room index can be confusing for inexperienced users.
Very simple interface and access.The absence of some essential tools for working with documents (tracking, retention, archiving, indexing).
Doesn’t require plug-ins.No offline access to data.
Two-step authentication and data encryption are used for ultimate safety.File types cannot be converted.
Drag-and-drop navigation. Users don’t have to learn for too long to start using the platform freely.The reports lack some essential information and may be inconvenient (more graphics are needed).
User-friendly and supportive customer service.

 

Security of iDeals virtual data rooms

Wonder if you can trust the data room your mission-critical information? 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.

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.

iDeals Virtual Data Rooms features:

Features iDeals Virtual Data Rooms

Industry Solutions

Bankruptcy
Biotech Licensing
Board Portals
Clinical Studies
Debt Financing
Distressed Real Estate
Document Repository
Due Diligence
Fundraising
Hedge Funds
IPO & Exits
Litigation
M&A Buy Side
M&A Sell Side
Post Merger
Private Equity
Procurement Management
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
Desktop Synchronization
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 at Rest Encryption

Data Hosting

99.9% Uptime Guarantee
ISO 27001 Certified
SOC 2 Certified
SSAE 16 Certified
Data Backup
Virus Scanning

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
Web-Based Excel Spreadsheets Viewer
iOS Application
Android Application
Mobile Device Interface
User Interface Languages: English, Spanish, German, French, Russian, Turkish, Portugese, Chinese and Japanese

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
Exporting Reports to Excel
Tracking of Document Viewing Time
Scheduled Reports (Sending to Email)

Customization

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

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 Demo
Free Trial: 30-Day Trial
Price: Starts from $99 per Month

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: EMAAR, PWC, BARCLAYS CAPITAL, LINKLATERS, BANK OF AMERICA, WELLS FARGO, EY, CITY, SHELL, DELOITTE, ALLEN & OVERY, UBC, KPMG, STARBUCKS, ROTHSCHILD

Add Review

Your email address will not be published. Required fields are marked *

Reviews

  • Hju Sedrik - LG Corporation 12 Nov, 2019 17:52 4.8 / 5.0
    iDeals gives me the confidence of knowing I’m on a secured network and following HIPAA laws but is still user-friendly enough where it doesn’t take forever to load it up and get logged in from home.
  • Dave - Bar K Dog Bar 04 Nov, 2019 12:35 5 / 5.0
    We are a unique start-up business that combines a fully staffed dog park with a bar/restaurant/event space (www.barkdogbar.com if you're interested). We have done two seed financing rounds with potential investors from all around the country. We used iDeals for both rounds and the VDR allowed us to upload and share key docs with all interested parties as well as manage access, track usage, etc. Both rounds closed successfully. It was very easy for us to set up data room and for our investors to access. It can be a bit expensive for a start-up but the functionality was worth it!
  • Olivia May - LG Electronics Inc. 28 Oct, 2019 15:00 5 / 5.0
    "Ideals" soft proposes an excellent file recovery system, which allows you to review the history of changes of each file up to many versions back. It allows to create backups quickly and has a good function of scanning and uploading to the cloud simultaneously unlike "Datasite" and " Ansarada" providers. As an experienced user, I recommend this provider.
  • Adam L. - Capital Partners 21 Oct, 2019 11:19 5 / 5.0
    This file-sharing platform makes excellent use of its ability to be combined with external software. This is undoubtedly an excellent service. It is stable, economical, and has a wide range of file-sharing tools that will be useful to any user. We are extremely pleased with this support team. Microsoft takes the time to fully advise staff on the capacity and use of the service.
  • Eric W. - Biotechnology & Co 16 Oct, 2019 11:00 5 / 5.0
    I am very satisfied with the service. The thing we worry about most is safety, and the safety is not an issue with iDeals. Also the customer service is very friendly. I do not think I am experienced enough to make the call on what is good or bad about this product. It just works for me and the company I work for.
  • Mark Li - Harvest Capital Partners 08 Oct, 2019 16:18 5 / 5.0
    Speaking as an administrator who has used other services, the iDeals interface is very user friendly and their file management system saved me a lot of time. I also have to give a special mention to their technical support team, they were always readily available to answer my questions. This personalized aspect is very important for business users like myself who are time pressed and in need of timely solutions.
  • Dr. Timothy B - Biotech & Co 01 Oct, 2019 15:13 5 / 5.0
    I've used iDeals data room for several business deals. It was my first experience with such software, and I'm fully satisfied with it. It is really easy to set up, easy integration into the file manager.
  • Alexey Zykov - Investment Banking Group Jefferies 01 Oct, 2019 15:12 4.8 / 5.0
    Totally positive experience about Ideals provider. We are using the Ideals VDR for sell-side M&A activity for 4 years. The customer service is on a high level!
  • Susan Sedrik - Italtek 01 Oct, 2019 15:10 4.8 / 5.0
    I have no experience with other providers. We chose iDeals nearly 3 years ago as a tool to share highly confidential data with investors. And it is a great soft with comprehensive controls, detailed reports, and solid security!