A data room is an electric repository to get sensitive information. The internet info room is a perfect solution for some different types of deals, from mergers and acquisitions to IPOs and legal due diligence. More a repository of files, a data room also can act as a storage space and a means of circulation with regards to sensitive data. It can even help you keep a record of the status of a job by business performance reports tracking which team members contain accessed particular documents, when.