About Intralinks Virtual Data Rooms
Intralinks virtual data room is an efficient and secure corporate governance software for instantaneous data access, advanced contract management, and seamless collaboration during business deals.
The company was founded in 1996, but the first Intralinks virtual data rooms for M&A were launched in 2002. The corporate headquarters are in New York, USA. Additionally, there are 25 departments worldwide, including countries in Europe, the Middle East, and Africa.
See if this data room is right for you by reading our comprehensive Intralinks review.
What is Intralinks used for?
Thanks to such virtual data room solutions as real-time insights, pre-configured workflows, an automated setup, business participants blur corporate and geographical boundaries on a single platform for collaboration. The most common use cases for Intralinks are bankruptcy and restructuring, complex energy deals, initial public offerings, business development and licensing, due diligence, M&A, post-merger integration, asset sales, and board reporting.
Since all these activities are common for companies around the world, the Intralinks data room is suitable for a wide variety of industries allowing them to market and manage deals accurately and quickly.
Document security features
Intralinks secure collaboration platform provider has a rich feature-set to save the client from worrying about hacks, leaks, or data loss throughout file sharing. As a result, users can share and manage sensitive information at the file level. It is critical because otherwise, an email sent with a confidential document attached may lead to irreparable consequences.
So here is what Intralinks secure platform provides companies to manage confidential documents:
- high level of data protection and easy management inside and outside the firewall
- dynamic watermarks to mark copies as confidential and track them
- key management multi-level security with modern encryption standards
- the 256-bit random encryption key for each file in the data room using the public-key cryptography technique
- advanced plugin-free information rights management for companies to securely share and manage sensitive data
- enabling and retracting document access with one click through the dedicated Intralinks UNshare tool
It is worth mentioning that Intralinks secure collaboration platform not only allows companies to securely manage sensitive documents. The virtual data room also meets security standards such as ISO/IEC 27001:2013, SOC 2 Type II, ISO 9001, ISO-27701, etc.
Collaboration and document management features
Intralinks solutions provide cutting-edge tools for virtual data room management and collaboration that make workflows faster and more efficient. So, besides the fact that the software is easy-to-set-up and doesn’t require capital expenses, the virtual data room is also available as a secure mobile application. Thus, participants in due diligence, M&A, or other transactions can stay in touch 24/7 with internal and external partners.
- Collaboration. Across mobile and desktop platforms, the data room provides tools for file exchange with groups of people or key individuals without worrying about hacks. Another advantage is separate repositories for each participant, comments on files, PDF document annotations, a simple Q&A module, Zoom integration, and live notifications of new data or changes.
- Document management. The virtual data room includes permission management with 16 roles, a configuration option for desktop bulk uploads, automatic capturing of all activities within and outside the organization, integration with content management systems, auto-indexing, tools for file sync, and data access control instantly.
To sum up, this secure platform provides tools to protect data, collaborate smoothly, and manage multiple users and files in a data room at every level.
Customer support
Virtual data room Intralinks provides dedicated 24/7 expert support via email, phone, and chat. Thus, clients accelerate and protect each transaction stage by having proficient dedicated support managers with in-depth industry knowledge.
The Intralinks team assists in setting up a data room and streamlining due diligence, onboarding investors, fundraising, and other complex deals. The average response time is 6 seconds, and local experts speak about 140 languages. If you are looking for local numbers, you can find this information on the official website.
Additional features
One of the features that sets the virtual data room apart from others is AI-powered Redaction. First, it identifies personal data such as names and addresses via machine learning to avoid disclosure. Second, users can create customized terms and then initiate redaction of many files for process optimization. After the transaction is completed, you can revert to the original files with one click.
Another data room unique feature is the Insights Dashboard for advanced document and user tracking. With this option, clients can compare deal participants by the percentage of their activity, track trends at the group level, and rank groups of potential buyers based on files viewed and logins.
Pricing plans
Unfortunately, the provider does not list virtual data room tariff plans and options included on the official website. Therefore, if you need Intralinks data room cost or a demo, you should contact the Intralinks Sales Team. Although the average Intralinks VDR review generally contains very good feedback about the platform, clients sometimes state this software is more expensive than other VDR solutions.