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One of the most prevalent use-cases meant for virtual data rooms may be the IPO process. Due diligence is required during this process, and it is vital to ensure that all of the documents happen to be stored in a person place. A virtual info room is usually useful in mergers and purchases, which require careful review of confidential business information. Electronic data rooms can be utilized simply by private equity funds and other investment firms just for due diligence and IPO compliance.