Directory:V-Rooms

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V-Rooms Virtual Data Rooms
V-Rooms logo
SloganV-Rooms™ Virtual Data Rooms has a solution to fit your document exchange needs.
Type [[Company_Type:=Private|Private]]
Founded [[Year_Started:=2004|2004]]
Headquarters Template:Country data US [[City:=Atlanta|Atlanta]], [[State_Name:=Georgia|Atlanta]], [[Country_Name:=United States|USA]]
Key people[[Key_Person1:=Dan Bradbary|Dan Bradbary]], CEO
[[Key_Person2:=Karen Perkins|Karen Perkins]], Vice President
[[Key_Person3:=Sheryle Gillihan|Sheryle Gillihan]], Operations Manager
Industry[[NAICS_Code1_Title:=Virtual Data Room|Virtual Data Room]]
[[NAICS_Code2_Title:=Virtual Dox Room|Virtual Dox Room]]
ProductsCustom built Virtual Data Rooms, secure, branded, and scalable -- that's a V-Room
EmployeesGreen Arrow Up.svg 9 (2009)
ParentDue Diligence Online
Contact 3535 Peachtree Rd.
Suite 520
Atlanta, GA 30326-0000
800-731-6379
[http://www.v-rooms.com V Rooms Virtual Data Room]
Reference NAICS: 32311, 32312
Region: [[Region1:=Orange County|The OC]]
Latitude: 35°01'10.59"
Longitude: -90°01'30.35"


V-Rooms is a virtual data room provider located in Atlanta, Georgia.

Company History

V-Rooms™ is a division of Due Diligence Online, LLC. V-Rooms is an Internet-based, on-demand hosting service designed expedite financial transactions which may involve the distribution of thousands of pages of documents to hundred of parties.

Due Diligence Online was founded by Dan Bradbary in 2004.[1] V-Rooms is a provider of Virtual Data Rooms for use in M&A buy side,[2] and M&A sell side,[3] real estate,[4] Corporate Bankruptcy,[5] Corporate Compliance,[6] Venture Capital Funding,[7] Private Equity,[8] Business Capital,[9] Private Placement Memorandum (PPM),[10] and Private Investments in Public Equity(PIPE).[11]

What's a Virtual Data Room?

A virtual data room or virtual deal room is a separate, password-protected website on a secure server. The secure server aspect is critical - it enables the website to be protected against being viewed by anyone other than those logging in with the correct usernames and passwords.

Why would using a Virtual Data Room be preferable?

There are real reasons why a virtual due diligence room is preferable to the normal practice of assembling boxes of documents in a conference room or simply sending all the documents back and forth between the various parties by e-mail. Probably most importantly, e-mail is not a secure way of sending documents between the parties involved in the transaction. Documents could be intercepted while in transit, since few individuals today make much use of encryption - so the fact is that the document could be read by outsiders. It’s like sending deal documents written on a postcard through the mail. Given the sensitivity of many of the deals taking place on a daily basis, this alone is a powerful reason to switch to a secure and controlled methodology.

Another issue running through transactions is that the various document drafts contained within e-mails and office document management systems are not always easily accessible when away from the office. Even if one could get to the information, there is constantly the question of whether the most up-to-date information is being viewed. A secure, online deal room solves that problem.



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