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Recommended
Jeff D.
Machinery, 10,001+ employees
Used weekly for 1-2 years
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Very intuitive to use compared to other options, reasonably priced.
No significant issues have been identified as yet.
shaun d.
Mining & Metals, 1-10 employees
Used monthly for 2+ years
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Given the huge volume of data the software work great and would highly recommend. When people wish to review our data in regard to potential investment and or acquisitions, it works extremely well and we can give access to allow them to review.
Easy to setup and use especially with a large volume of data Ability to add secure users is simple and has double authentication. Users can access anywhere in the world. Creates automatic directories making it easier to navigate. Ability to restrict access to specific areas very useful.
I am not aware of any concerns or problems
Mykel S.
Used daily for 2+ years
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SecureDocs is very easy to use as an administrator and is intuitive to new invited users which creates a lot of efficiency. The system serves as our system of record for all transaction work. The team is also great - they build customer feedback into the roadmap for new features and provide excellent support.
It's never failed our firm in any way, but it would be nice if SecureDocs enabled text search within documents. It would also be nice to re-index folder structures with copy paste.
Jesse B.
Investment Banking, 11-50 employees
Used daily for 2+ years
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Reduces the amount of time I need to spend messing around in data rooms. It is very easy and efficient.
The software is extremely easy to use. I really like the interface and way you can upload // review files. The best part is the audit log to keep track of data room activity.
I don't have much bad to say about the software. There could be optimization in mass permission changes. For example, to turn on and off email notifications, you have to go manually 1 by 1. Other than that, no complaints.
Dorota S.
Oil & Energy, 11-50 employees
Used daily for 2+ years
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We save the room on our servers, we save our time, sharing files and documents with our business partners.
Secure Docs is very friendly and simple, you can followe the application with your intuition. And what more, comparing to other similar solutions, SD is much cheaper.
The application is safe and easy, you can share your files and documents with your business partners and stay sure, that nobody can stole your documents or change them in uncontrolled way.
Stuart G.
Used daily for 2+ years
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It allows us to trace a document form issue to receipt with a specific DTG and recipient IP address, this is vital for us, as we produce an auditable trail from this data.
With respect to recipients receiving the data we do not get a timeframe of how long they spent reading a new upload. this would allow us to gauge acceptance & adherence to policy changes.
Sandro P.
Renewables & Environment,
Used daily for 1-2 years
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Able to share securely deal documentation with banks and investors and discriminate view/download rights between different groups through the great UI
Excellent usability with all the functions needed. Reasonable price and no limits on capacity. Contracts are easy to understand and support is timely and friendly. Highly recommended. Correctly displays text in other languages.
Nothing. Service is perfect. Sometime the exchange to sing a new contract is not perfectly straightforward but it was always solved in a timely manner.
Mark L.
Oil & Energy, 51-200 employees
Used weekly for 2+ years
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It's easy to move files around and organize documents as VDRs become more complicated over the life of the project. Also helpful that it's one flat fee vs. having to pay by file size. Nothing is worse than having to pick and chose what you want to upload because you're approaching your data limit like with other virtual data rooms.
The user experience is great, but if there were two areas I would improve the product it would be: 1) making it easier for users to see which files have been uploaded most recently and 2) being able to send a link to specific files to make it easier to communicate when answering questions on specific files in the data room.
Ankit M.
Research, 501-1,000 employees
Used daily for less than 6 months
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Log and audit trail is the best thing
Log and audit trail is the best thing in the software along with role creation. As an example, you get the watermark of the user whose id is used while taking the print which helps in data privacy.
There could be optimization in mass permission changes. You can't view mail attachments through the software. This does not let you to restrict access to 'view only'.
Thank you for your kind review of SecureDocs Virtual Data Room. We're happy to hear that you had a positive experience, and hope that you'll consider us again the next time the need arises. We take customer feed back very seriously, and make sure to read each review for inspiration when adding new features, and when searching for areas of improvement to our product and service. I noticed that you mentioned you wanted to be able to restrict access to 'view only', and we're pleased to let you know that our system does allow for 'view only' permissions. We'd be happy to walk you through setting up that feature in order to improve your experience with our solution. Thanks again for sharing your thoughts!
Verified reviewer
Maritime, 1,001-5,000 employees
Used daily for 2+ years
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Ease of use, very fast (cloud based), security, 100% uptime. Bulk download functionality. High adaptability of roles and users.
Maybe some bells & whistles not available which you encounter in more expensive software. Eg. Automated Word/Excel to PDF import functionality.
Ronald B.
Information Technology and Services, 11-50 employees
Used daily for 6-12 months
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It does the job. It is compared to other solutuons fairly priced and staff (both sales as support) react quickly.
It is an easy system that doesn't need much implementation effort and it does the job for a fair price. Support is very good.
The only thing I missed is that the Q&A part was not immediately included in the secure download. in general the workflow we would liked in the handling of Q&A was not there yet.
Bradley L.
Used daily for less than 6 months
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We use this data room both for sharing critical documentation for due diligence for potential partnerships, as well as a drop box for sharing large documents with collaborators. It is very easy to manage the site, to control the access and rights for each individual or group, and also to keep a log of what functions were performed, and what documents were reviewed (down to the page number). The customization security features are excellent with 2-factor authorization, the need to accept a confidentiality (editable) statement, water marking of each page, and a blur out to prevent screen capture. Customer service is also very good with a smaller, personal feel to it. I would highly recommend this product.
You can't view PowerPoints through the software. This does not let you to restrict access to 'view only' and therefore can not share confidential documents in PPT form.
Jonathan G.
Used daily for 6-12 months
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Very easy to use without any training or tutorials. Fixed cost with no hidden fees, unlike other data rooms that charge based on number of pages and video size. Start-up friendly with intro deals for new users.
They are not cleared by all investment bank compliance departments. This is not a comment on functionality or capabilities. But it does impact the ability to use them if your investment bank has not cleared them.
We're happy to hear that our solution was easy-to use and helpful during the M&A process. Thank you for sharing!
Mohammed S.
Telecommunications, 1-10 employees
Used weekly for 1-2 years
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Secure docs acts as the filing room of the entire organization. It stores data under specific heads and rows so that it is very easy to store and find a document. It helped the organization to share data as and when required in a very safe environment. We were able to set limits on the usage of shared data as well. Further we were able to identify who is looking at our documents.
Secure Docs is very easy and convenient to use. There is no specific training or induction required to use this software. Further it's an affordable software. Setting up the software was really a simple process where in a support was not required.
There is no specific issues with this software. However I am not very sure about the security features of this software.
Dan M.
Venture Capital & Private Equity, 1-10 employees
Used other for less than 6 months
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It's a good service and the features were great for creating a data room. My overall concern is price was too high for us to use it again.
We used this software to help us with a deal. It is a great Data Room program and we found it really helpful to share different data folders with everyone involved. We liked that everything was automatically watermarked and it was an easy setup. Got it up and running in less than 15 minutes.
It was very expensive and I think we could have accomplished almost everything we wanted within Box or one of the Cloud Storage Providers. There are several that can handle most of what we wanted to do with SecureDocs.
Verified reviewer
Information Technology and Services, 201-500 employees
Used weekly for 6-12 months
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When we needed to choose VDR solution the main problem was that most competitors does not publish pricing on their websites. After tiresome contacting with sales representatives of about 5 products I found out that I need to know documents count or space requirements to get price offer (which is hard to predict in most cases) and ridiculous prices of hundreds dollars per gigabyte. Unlimited plans of SecureDocs allowed us not to bother about documents size or count.
SecureDocs was chosen among other VDR solutions primarily because of unlimited storage/users plans, responsive customer support and flexible payment options (quarterly/monthly). Competitors usually offer price per Gb/documents count, and only long-term plans. I liked two-factor authentication and audit log in this product, as well as intuitive user interface.
Nothing. Everything worked fine, I can't remember any complaints from our users of SecureDocs.
Timothy B.
Hospitality, 201-500 employees
Used daily for 1-2 years
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The usability of the software makes SecureDocs a win. The platform is easy to navigate, and little expertise is needed to get up in and running. For us it was same day, with files being transitioned over by close of business day.
We have not really found any faults in the system.
Yannai S.
Information Technology and Services, 11-50 employees
Used daily for less than 6 months
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We used the SecureDocs for purposes of legal due diligence in equity financing transaction with multiple investors (each of which had different types of access rights to the material). Will definitely recommend it to others and will definitely use it again.
Easy to use UI, very intuitive. Has two factor authentication for recipient which was a must for us and did not appear in many other services. Did not get any complaints from the VDR users which is very important too. Very easy to upload (drag and drop), quick upload. Had the entire VDR setup within hours. Great option to set rules as to who can access what information and you can easily restrict the ability to download. Uses watermark on downloaded materials.
A bit pricey but still well worth it. Recommend a tutorial on how to define access rights to users.
Victor F.
Renewables & Environment, 1-10 employees
Used daily for 1-2 years
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Raising $750 million in Private Equity Capital
Ease of Use; nice mobility across data room
Visuals of files are NOT GOOD, especially Spreadsheets; should try to invest in higher quality graphics for display of information.
Thomas K.
Pharmaceuticals, 1-10 employees
Used weekly for 2+ years
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We used SecureDocs for two separate products and set up different documents for viewing with multiple interested parties. And we could monitor their activity by document!
Easy to use and control. We are a startup biopharma company and have limited time for support services. SecureDocs is very intuitive and our potential investors and partners found is easy and helpful.
Like any software, you get better the more you use it.
Rita F.
Biotechnology, 1-10 employees
Used weekly for 2+ years
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This program was very easy to setup on the administrative side, but most importantly, those doing due diligence from the outside felt it was easy to navigate and view the required documents.
It's possible this exists, but folders are always at the top, single documents below. I would like to have a summary document sit on top of the folders to help the end user navigate the contents
CRAIG P.
Pharmaceuticals, 1-10 employees
Used other for 1-2 years
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I have used SecureDocs for raising several rounds of financing for 3 start-ups. Investors are familiar with the product and the various teams I have worked with compliment the ease of use and features of the product.
We use this predominantly for fund raising. Its the easiest product to use and set up, very intuitive. I've used SecureDocs in three start-ups and will continue using them going forward. The price point is perfect and they don't nickel and dime you for features.
None so far. Pricing is very transparent and the features are perfect for our needs
Al M.
Retail, 1,001-5,000 employees
Used weekly for 1-2 years
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This product is absolutely great, quick to market and easy to use. My customers are impressed by how quickly we can deploy a dataroom and have them collaborating within minutes. We would love to see a SSO feature available for future integration within our corporate infrastructure but for our current needs, the product meets all the requirements.
Rich features (i.e. Drag and Drop) Multi-factor authentication including bulk user upload Data Room Control and granular permissions Logging Enabled Streamline look and feel
Single-Sign On Integration SIEM integration
Todd V.
Logistics and Supply Chain, 51-200 employees
Used daily for 1-2 years
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Excellent Data Room and ease structuring.
Ease of use, ease of administration and quick support.
Cost could be reduced for long term user.
Lilly R.
Law Practice, 11-50 employees
Used weekly for 1-2 years
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Easy to use; great folder/subfolder system; great flexibility to give access permissions to all users
I have not had a chance to use some of the more sophisticated features because of timing and when I have needed to use help desk sends a video which sometimes i just don't have time to watch the videos. I wish there would be a quick short cut list to just be able to get through it quickly.