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Virtual Data Room from ShareFile

ShareFile, a provider of online secure large file transfer and storage solutions for business customers, announces the release of a virtual data room solution.

FOR IMMEDIATE RELEASE

 
ShareFile Virtual Data Room
ShareFile Virtual Data Room
PRLog (Press Release) - Dec 21, 2009 -
ShareFile, a provider of online secure large file transfer and storage solutions for business customers, announces the release of a virtual data room solution.

A Virtual Data Room (http://www.sharefile.com/virtual-data-room/) is an Internet portal that allows documents to be posted online in an organized and secure manner. Authorized users around the world are able to access the documents in a secure and auditable manner using a virtual data room. Unlike standard file sharing applications, a virtual data room offers many unique features that are attractive to businesses engaging in specific activities such as M&A, venture capital, distressed real estate transactions, legal transactions, and pharmaceutical / biotech.

The virtual data room product offering features the same secure data protection and ease of use as the standard ShareFile file transfer offering, but adds a number of key features specifically tailored to meet the needs of those in need of a data room solution. The  feature is an essential element in a true virtual data room solution. Keeping confidential data from being changed or downloaded is an important element of any business transaction and therefore documents uploaded using ShareFile's data room solution can be automatically watermarked with the viewers' email address, name, and IP address for added security.

ShareFile's CEO, Jesse Lipson said, "We developed our virtual data room solution organically based on feedback from customers in the financial and healthcare industry who were using our core product as an ad hoc data room. We studied the virtual deal room / data room market and saw a terrific opportunity, particularly in the small and mid-market space. Our customers have indicated that using the ShareFile virtual data room has enabled deals to close faster and for a higher acquisition price."

ShareFile virtual data room clients are also able to provide secure access to an unlimited number of users and can create an unlimited number of data rooms for one flat monthly rate. Account administrators can receive view, upload and download notifications allowing tracking for each individual document or file via email or by generating activity reports in the system.

Photo:
http://www.prlog.org/10460607/1

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Headquartered in Raleigh, North Carolina, ShareFile is a leading provider of tools for exchanging business files easily, securely, and professionally. Unlike FTP, ShareFile can be accessed using any standard web browser and does not require software installation or special training. ShareFile's 950,000 users span over 120 industries, including accounting, advertising, law, graphic design, consulting, healthcare, and engineering. ShareFile is the 2008 Winner of CNET's WebWare 100 for file storage and security. Learn more at http://www.sharefile.com/virtual-data-room/

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Contact Email:
***@sharefile.com Email Verified
Source:ShareFile
Address:4140 Parklake Ave
:Suite 320
Zip:27612
City/Town:Raleigh
State/Province:North Carolina
Country:United States
Industry:Business, Accounting, Legal
Tags:, , ftp site, virtual deal room, ,
Last Updated:Dec 21, 2009
Shortcut:http://prlog.org/10460607
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