DataRoom improvements have stagnated since the 90’s. Instead of waiting for data room providers to modernize processes, their team of former M&A professionals, government officials, industrial engineers, data scientists, and programmers decided to create something better.
Firmex is a global provider of virtual data rooms based in Toronto, Canada. Since 2006, the company has helped to drive the virtual data room marketplace with its SaaS secure document sharing platform. More than 75,000 companies worldwide – including financial and legal intermediaries, investment firms and corporations – have trusted Firmex as their virtual data room provider. Each year, millions of documents are exchanged using the Firmex platform, supporting processes that include financial transactions, mergers and acquisitions, corporate governance, regulatory compliance, litigation, and procurement.
iDeals™ Solutions is a global provider of secure online file management services. Their flagship product is iDeals™ VDR, a next-generation service-supported virtual data room that is used by companies and leading advisors in over 30 countries. From their founding in 2008, iDeals™ has focused on developing a diversified base of satisfied clients in both the developed and emerging markets. They have offices in New York, Miami, London, Kiev, Moscow, and Hong Kong.