Canadian dataroom software can be used to securely exchange files and decrease paperwork. This is beneficial for various business sectors. M&A advisors utilize online data storage to aid in due diligence, investment firms utilize it for mergers & acquisitions, and Bioscience companies make use of virtual data rooms to store clinical documents and intellectual properties exchange with their partners. The best VDRs are those that provide advanced document security and collaboration tools. They also have AI-enhanced data redaction.

Since its inception in 2006 Firmex is the world’s leading provider of online data rooms with more than 12000 projects being launched.