Canadian dataroom software is a secure way to share files and decrease paperwork, which is beneficial in a variety of industries. M&A advisors make use of online data storage to aid in due diligence, investment firms use it for mergers and acquisitions, and Bioscience companies use virtual data rooms to store clinical documents and intellectual properties exchange with their partners. The most effective VDRs are those that offer advanced security for documents and collaboration tools. They also have AI-enhanced data redaction.

Firmex was founded in 2006 is the leading provider of online datarooms, with more than 12000 completed projects.