V-Rooms – Secure, Online Document Exchange Portals

Tuesday, November 15, 2011

Summary: Recognizing the need to provide secure, online workspaces outside organizations’ computer firewalls, V-Rooms is expanding the utilization of their virtual data room solution to provide a variety of portals to facilitate the sharing of sensitive information with external parties.

Atlanta, GA (PRWEB) November 15, 2011 — To address the growing need for secure, online document exchange portals, V-RoomsTM, a product of Due Diligence Online, LLC, is providing a variety of cloud based document exchange portals whereby organization may share sensitive documents with external parties, partners, regulatory agencies, legal and financial advisors.

These document exchange portals are software as a service (SaaS)-base solutions for confidential external collaboration scenarios. Although some requirements are needed for short-term projects, most serve ongoing situations. These secure platforms provide workspaces for the active collaboration on a variety of documents, without the security concerns associated with allowing external parties’ access to the organization’s computer servers. Examples include:

  • Legal Portals – Sharing litigation information with outside counsel, experts, etc.
  • Client Portals – Keeping clients informed about project status
  • Board Portals – Providing collaboration between Board of Director members
  • Investor Portals – Informing investors of financial status under new transparency rules
  • Vendor Portals – Communicating with vendors and suppliers on a global basis

“Based upon the demand and the growing acceptance of cloud-based systems, we are applying our solution to these new areas. This is a natural extension of our Virtual Data Room (VDR) platform which has been used to streamline thousands of financial and legal transactions over the past six years,” said Dan Bradbary, CEO of V-Rooms.

Cloud-based portals integrate collaboration, security and flexibility into services that support the controlled sharing of sensitive information outside of organizations’ computer servers. They are quite appropriate for functions that may need to share possibly several thousand pages of confidential information with groups of 10 to several hundred people who may be geographically dispersed, as well as being located partially or fully outside the enterprise.


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