netfiles broadens its portfolio: Introducing the netfiles online data room archive

netfiles GmbH, a leading provider of virtual data rooms, has added an innovative archiving solution to its portfolio. Starting now, data rooms can be converted to audit-proof online data room archives at the end of a project – quickly, securely and accessible at any time. 

Compared to physical data media, the new archiving solution boasts a number of advantages: 

• Immediate availability – no need to ship DVDs or USB sticks. 

• Flexible access: Authorized individuals – including staff working from home, external consultants, lawyers and/or representatives of government agencies – can access the archived data from wherever they happen to be. 

• Reactivation capability: If necessary, the archive can be reopened as a live data room. The structure and selected documents can then be used for new projects. 

• Strict security: The data is stored in encrypted form at certified German data centers, where leading-edge technologies are used to protect it from cyber-attacks and data loss. 

The netfiles online data room archive is a data room that has been “frozen” on completion of the project. Its content can thus no longer be modified but remains accessible. As a result, a secure audit trail of data and accesses can be reconstructed at any time. 

“Our customers increasingly want digital, flexible and secure archive solutions,” explains Thomas Krempl, Managing Director of netfiles. “That is precisely where the online data room archive comes in, creating a modern alternative to the conventional practice of exporting data to physical media.” 

This new service is available now and can be used alongside or as an alternative to existing archived copies.

About netfiles

With more than 20 years' experience to its name, netfiles GmbH is one of the first and leading European providers of virtual data rooms. netfiles data rooms are used primarily in the context of mergers and acquisitions (M&As), due diligence audits and secure data exchange across internal and external company boundaries. Leading-edge software, encryption and security technology ensures that confidential data in netfiles is reliably protected against unauthorized access and data losses. Granular access rights permit precise control of who can view, edit or download what documents. More than half a million users in over 140 countries around the globe have already discovered that netfiles is exceptionally easy to use.

If you would like to know more, sign up to try out the netfiles data room and data exchange 
solutions free of charge for 14 days, with no obligations: https://www.netfiles.com/en/free-trial