Sterling Data Rooms

What Sterling Data Rooms is

Sterling Data Rooms provides AI-enabled virtual data rooms for document sharing and collaboration during M&A deals and capital raising. Its controls include granular information rights management and secure native viewers for PDF, Microsoft Office, Excel, CAD, and video files. AI tools can classify and organize documents, identify gaps and anomalies, and answer questions at document level. Other features include redaction, real-time document translation, and intelligence on bidder activity. A direct Box.com connection lets teams push documents into a room without downloading and re-uploading them. Luminance customers can access a Sterling room through their account settings, with support available to enable the connection. Web access and iOS and Android apps are available; app access can be controlled for each room, and the mobile app is free for room users. Sterling says files are encrypted with AES-256, offers EU, UK, or US hosting with guaranteed isolation, and lists several certifications. Deal preparation is free; pricing is by quote and depends on the deal.