ForData Data Room

ForData focuses exclusively on flexible VDR solutions to close deals, conduct due diligence, share secure information, and more. ForData data room software has the following capabilities.

Fast and easy file sharing

ForData’s file-sharing repository saves time on document preparations as it supports over 30 file formats. These include DOCX, PDF, XLSX, images, and 3D project data and metadata formats like DWG and DXF. 

Thanks to the drag-n-drop feature, you can upload as many files as you need without the hassle. The system automatically enumerates documents and builds an index. As for download options, you can download the entire index or separate files and folders in one click.

Convenient VDR search

An intuitive VDR search option allows you to easily find documents and folders across the index by name and locate specific content within those documents using keywords. It’s easy to locate confidential documents and folders on the ForData VDR as it shows a destination path, page count, modification date, and size of searched documents.

Fast data transfer

ForData virtual data room servers exchange data at an average speed of 25 Mbps, allowing you to upload and download gigabytes of data in minutes.

Q&A module

ForData VDR features a convenient Q&A communication module where users can discuss business matters and solve urgent questions. The Q&A dashboard allows you to:

1. Set up five user roles: administrator, coordinator, subject-matter expert, user, and observer.
2. Ask and review questions regarding documents, folders, and business matters
3. Support meaningful discussions with attachments
4. Manage questions using filters
5. Receive notifications and updates on questions

The Q&A module’s key features allow businesses to reduce traditional emails thanks to convenience and security.

Full VDR access control

ForData customers have complete peace of mind over their documents as the platform enables granular access control for maximum confidentiality:

1. Manage document action rights: viewing, editing, printing, saving, etc.
2. Select users who can interact with confidential files in the data room
3. Give or limit time-based access to VDR content for individual or group users
4. Manage user rights based on user roles – admins can redact documents while users can’t
5. Delete files from any device remotely
6. Apply dynamic watermarks to documents
7. Set up password protection
8. Restrict external parties from copying text and making screenshots

Activity reports

ForData collects login activity and user engagement within the data room round the clock and generates respective reports.

This feature helps you evaluate your partners’ needs and optimize M&A and due diligence processes. You can analyze the most viewed content and check who does what on the platform.

ForData is a viable data room solution for M&A deals, capital management, initial public offering, corporate governance, bankruptcy and restructuring, transactions, and more. 

Startups, mid-sized businesses, and large enterprises in many industries rely on ForData services. Companies use secure data rooms to share confidential data, reach out to transaction parties, raise capital, conduct board audits, and more.

ForData holds the following compliance certificates:

• GDPR – international data protection standards
• ISO 27 001 and ISO 9 001 – the family of the world’s best information security standards

Businesses choose ForData due to the following advantages:

• Best-in-class information security features. ForData applies two factor authentication, 256-bit encryption, and connection encryption to its web based application. Additionally, the company regularly scans its data rooms for vulnerabilities to minimize data leak risks.
• An exceptional customer support team that replies within a few minutes. ForData’s friendly and helpful customer support team is available via online chat, email, and phone.
• Secure hardware data room copies. You can request an encrypted DVD archive for your last project.
• Optional data room management. ForData’s technical support team will help your organization manage the data room projects upon request. 
• Cross-platform VDR support. The cloud-based data room is available on Windows, Mac, iOS, and Android devices. 
• VDR supports several languages. You can access the service in Polish, English, Czech, and German.
• Live training with a dedicated project manager. ForData will provide a 90-minute training session once you set up a data room project.

Currently, ForData attracts around 64.2 thousand visitors per month, and most of them come from Romania (24.4%), Canada (17.83%), Ukraine (16.16%), Portugal (15.61%), and France (12.96%). The other 88 countries send around 13% of the traffic to the company website.

While ForData will suit startups and enterprises, its target audience consists of large companies with thousands of employees.

The company delivers VDR tools to financial institutions, government organizations, the energy sector, healthcare businesses, and others. 

Companies use ForData to securely share confidential documents, close M&A deals, raise capital in an initial public offering, restructure their businesses, and more. 

ForData’s notable customers by industry include:

• Investment banking – Haitong, Societe Generale, Doxa Capital.
• Biotech – NovaGo, Adamed, Elekta.
• Corporate – PKP Cargo, Mykogen, DRUKPAK.
• Mining – LOTOS, Enea Group, Santander. 
• Legal – Dentons, Grant Thornton, KPMG.
• Real estate – Knight Frank, Peakside Capital, Colliers.
• Private equity – Enterprise Investors, Avallon, Resource Partners.