![]() What is Dropbox?ĭropbox is a cloud storage platform for documents, photos, and information. This improves collaboration, and allows all those involved to contribute to the process securely with easy remote access to data and data sharing on a realtime basis. The use of data rooms allows users to share business information with clients, investors, and company leadership in a controlled environment so that only the intended audiences have access. But, if you’re a business, should you be relying on Dropbox instead of a data room specifically designed for your needs? What is a Data Room?Ī virtual data room is an online, cloud-based storage center for sensitive documentation. This is exactly what it was designed for - easy, free, user friendly sharing of files that is accessible to all. Everyone has heard of Dropbox, and most of you reading this probably have it installed on your computer from one time or another when someone asked you to engage in file sharing this way
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