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A virtual dataroom is an encapsulated and organised online space in which companies can store and share sensitive information with clients and investors. Virtual data rooms come with collaboration features that permit users to share documents and access them in real time with others. In the past physical data rooms were utilized to store sensitive data in places like a company’s headquarters or the office of their law firm. However, VDRs offer many benefits over physical data rooms, such as low cost and accessibility.

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