A dataroom is a type of virtual repository which allows multiple parties to transfer and access files. These tools are used to support due diligence in M&A loans, loan syndications licensing venture capital, private equity and other transactions carried out by bankers, attorneys and investors. There are a myriad of options available for dataroom software. Some are more popular than others. SmartRoom is one of them. It is primarily used by investment banks, M&A, and structured finance. It has speeds of up to 5MB per second, as well as a granular control system that includes SmartLock, redaction and DocuSign integration, as well as dedicated project managers. It also has an 4.8-star rating on Capterra. Another option is the Content Snare which is more focused on information requests rather than document management.