Virtual Data Rooms (VDRs) are extensively used in the following industries: Investment Banking: VDRs help investment banks streamline due diligence. Accounting and Legal Firms: VDRs help CPAs and attorneys with document collection, organization and management of client documents related to tax preparation, audit, exit planning, estate planning, real estate transactions and financial transactions. Litigation: Legal firms use VDRs to share privileged information with clients, legal teams, and 3rd parties related to criminal and civil litigation. Corporate: VDRs help corporations share all sorts of confidential information with ease. Funds and Private Equity: Funds and PE firms rely on VDRs to communicate and collaborate with limited partners, portfolio companies and auditors. Biotech/Pharma: Biotech and pharmaceutical companies use VDRs to securely share intellectual property and clinical trial data with 3rd parties. Energy and Mining: Energy and Mining companies depend on VDRs for M&A deals, joint ventures, environmental audits, and bid managements.