FirmRoom is a cloud-based virtual data room that helps organizations manage mergers and acquisitions due diligence through document management and file sharing. Key features include data tracking, data analytics, audit trails, customized notifications, individual and bulk invitations, bulk file upload, and a user activity tracker. Users can upload documents in bulk using drag-and-drop functionality, assign permissions for viewing, printing, and downloading documents, and apply watermarks and two-factor authentication. Text search is available for individual documents throughout the data room.