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A virtual data room is a safe online space that enables companies to store and share sensitive data with investors https://boardroomhub.net/business-environment-with-ma-data-room/ and clients in a secure and controlled environment. Virtual data rooms also come with collaborative features which allow users to access and review documents in real-time with others. In the past physical data rooms were used to store sensitive data in locations like the headquarters of a company or the office of a law firm. However, VDRs offer many benefits over physical data rooms, such as low cost and ease of accessibility.

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