Drooms: Review

About Drooms

Drooms is a highly secure virtual data room that is a “Partner of Choice” for many services that require secure handling of confidential documents, data, and information. With over 100,000 unique users and over 25,000 organizations using Drooms, including Fortune 500 firms, corporate finance specialists, and transaction specialists for global law firms and consultancies, Drooms has successfully aided in over 300 Billion Euros changing hands in deals and transactions using this VDR.

Drooms was founded back in 2001 and has been strong ever since. Founded by M&A (Merger and Acquisition) as well as legal experts, this virtual data room has continued to grow with its success, implementing the latest in technology and features to ensure the absolute security of Droom clients’ information and documents.

Business Size

Drooms is great for any size business, but many Larger Enterprises have found this secure VDR to be the best for their uses in financial, legal, and other types of transactions and deals.

 

Intended Industry Solutions

  • Corporate Finance
  • M&A (Buy and Sell Sides)
  • Life Sciences
  • Energy
  • Real Estate
  • Legal

Businesses Using Drooms

  • J.P. Morgan
  • CBRE
  • Metro Group
  • UBS
  • Evonik Industries
  • Klosterfrau Healthcare Group
  • Heuking Kuhn Luer Wojtek
  • Duff & Phelps
  • Hapag-Lloyd
  • OSE Immunotherapeutics
  • REWE
  • Santander
  • Groupe Moving
  • Metzler

Platforms

  • Web, SaaS, Online (Windows and Mac)
  • Mobile (iOS and Web)

Features

The clean and intuitive design of the Drooms interface is fast, automated, and easy to use without needing a user guide. This means that users no longer have to worry about the amount of onboarding sessions needed to work this software. YOu can get started immediately.

WIth this VDR, every part of a transaction is taken care of. The online platform means that you have high-speed document processing, so your information is always immediately up to date and accessible from anywhere, at any time.

Document Security

  • 256-Bit SSL Encryption
  • Virus Scanning
  • ISO 27001 Certified
  • Dynamic Watermarks
  • Document Expiry
  • Data Backup

The secure servers are located in Germany and Switzerland and with multi-server locations, redundancies, and data backup features, not only is your data secure, but the uptime of this software is virtually guaranteed.

Drooms complies with European (EU) data protection legislation and with the advanced permission feature, you can keep control over every single document.

256-Bit Encryption

User Interface

  • Branded Website
  • Bulk Uploads
  • Drag and Drop Files
  • Full Text Search
  • Q&A Section
  • Scroll-Through Viewer

Corporate branding is crucial to your business and with this smart solution via Drooms, you can customize your data rom with your project image and company logo.

 

Access Security

  • Set User Permissions
  • Two-Factor Authentications
  • Multiple Factor/Multiple Channel Verification

Drooms gives you permissions for each user, which can be granted from the index point. Also included is a new functionality that is revolutionizing the workflow of VDRs by preventing documents from being deleted or edited, even by users who uploaded them.

Audit / Report

  • Audit Logs
  • Automatic Audit Logs
  • Document Version Control

The immediate overview of user activities in your VDR is available to you in a detail report at any time. All of the administrators have access to the dashboard, which is a powerful but clean tool that allows you to visualize the entire VDR activity.

You can create analytics in a few clicks as well as graphic reports of groups and actions you need and employ it for your personal management reporting presentation.

Accessibility / Mobile

  • Mobile Device Interface
  • iPad Application
  • Multi-Language Support

Not only can you access Drooms on your iPad and iPhone applications, but with Droom’s Document Translation, you can work in your preferred language.

Plans and Pricing

Each plan is named simply after the size of business it supports. Drooms NXG feature modules make it easy to pick and choose what you need for your virtual data room.

  • Document Translation
  • Branding
  • Notes and Highlights
  • Advanced Permissions

Basic

Price: 9.90 Euro / per user / per month

10+ Users and 3+ GB of Upload

 

Medium

Price: 19.90 Euro / per user / per month

10+ Users and 3+ GB of Upload PLUS 2 Modules

 

Large

Price: 39.90 Euro / per user / per month

10+ Users / 3+ GB of Upload PLUS 5 Modules

 

Enterprise

For an Enterprise plan, you must contact Drooms for a quote.

This plan would offer you unlimited users, unlimited uploading, and custom modules.

Free Trial

You can begin your free Drooms VDR trial at the following link: https://shop.drooms.com/#/auth/sign-up?action=free-room.

This free trial is a industry-topping 60 days long and can be upgraded to a paid plan at any time.

With this trial you will receive 1 GB of Upload and 5 Users.

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