Dealroom virtual data room software:
the complete guide

DocSend is a virtual data room provider offering secure and customizable solutions for businesses of all sizes. Originally founded in 2013 in San Francisco, USA, DocSend was acquired by Dropbox in early 2021.

Today, DocSend is used by 34,000 businesses. Companies that use DocSend data room software are mostly located in the United States. The major industry categories are computer software, information technology, and services.

Pros and cons

Summarizing the written above, we provided the main advantages and disadvantages of the DocSend. 

Pricing

DocSend offers pricing with four main plans: Personal, Standard, Advanced, and Enterprise. The Personal plan caters to individual users, while the Advanced and Enterprise plans provide additional features.For your convenience, we’ve provided a list of the available subscription plans below:

Security features

DocSend protects its clients’ data by combining unique security technologies, compliance certifications, and a range of secure user management capabilities. Let’s look at each aspect of DocSend’s security in more detail.

This data room provider offers the following range of certifications and compliance solutions:

• Transport Layer Security (TLS). It ensures secure communication over networks, safeguarding data during transmission.
• SOC 1 Type II. It safeguards financial reporting processes, ensuring reliability and compliance.
• SOC 2 Type II. This certificate attests to robust security, availability, processing integrity, confidentiality, and privacy measures.
• 27001 certified data centers. It guarantees stringent information security management practices.
• AES 256-bit. It is the industry’s most robust encryption standard to fortify data protection and confidentiality.

Here’s how DocSend’s document security features enhance users’ control over their data:

• Secure links. This feature allows to learn how visitors interact with documents, while also enabling secure file sharing outside the data room
• Document analytics. Analytics is crucial for getting insights on when and how users interact with the documents.
• Watermarks. This functionality allows users to apply custom watermarks to documents to track interactions with them and increase security.
• NDA. This functionality requires all collaborators to sign a legally binding agreement before getting access to documents.
• Expiration dates for documents. Thanks to this limitation, all users are allowed to view your shared material for a limited time.
• Download disabling. This feature restricts downloading of data from the data room while letting users view the documents.

Here’s how DocSend ensures authorized access to vital data through comprehensive user control tools:

• Secure file viewer. Sets a password and manages access to files and views.
• Granular space permissions. Sets four permission options for specific files or folders, ensuring fully controlled, granular access.
• Notifications. Sends notifications every time someone opens, views, or edits a document.
• Administrative permissions. This feature allows for inviting, deactivating, reactivating, or suspending users’ accounts.
• eSignature. Facilitates the conversion of files into legally binding, signable documents, while also allowing users to create such documents directly within the platform.
• User roles. The platform allows different permissions and access depending on the role.