A dataroom is a digital repository that allows multiple parties to share and access files. These tools are used by bankers, lawyers as well as his explanation investors to aid in due diligence in M&A, loan syndications, licensing, private equity, and venture capital transactions. There are a myriad of options available for dataroom software. Some are more popular than others. SmartRoom is a well-known solution for investment banks, M&A and structured finance. It comes with a 5MB upload speed, granular control with SmartLock and redaction, DocuSign Integration, and dedicated project manager. It also has an 4.8-star rating on Capterra. Another option is Content Snare which is focused on information requests and not document management.