dealcloser blog

dealcloser Joins Forces with Ruby Datum to Bring its M&A Customers Virtual Data Rooms

Edmonton,AB & London, EN (April 26, 2022)—dealcloser, a leading cloud-based transaction management hub for legal professionals that modernizes the deal closing process, announced today that it has partnered with Ruby Datum to bring virtual data rooms to dealcloser’s M&A users, enhancing the Complete M&A Experience for legal professionals.

RubyDatum is a secure virtual data room platform that takes a fresh, innovative approach with its features and has won the support of leading innovators and investors alike. It offers a highly customizable, brandable interface for document collaboration with dedicated developers on hand to build a smooth flow of data from and to other tech platforms.

The integration of two innovative cloud platforms, along with dealcloser’s imminent release of transaction templates and document automation, now provides legal professionals with a complete seamless platform to manage and process transactions from start to finish.

“Secure, efficient and intuitive virtual data rooms are something that all M&A professionals should have access to,” says Nick Watson, CEO, Ruby Datum. “Partnering with dealcloser gives us the opportunity to work with new North American customers while continuing to develop our virtual data rooms to their highest potential. We are excited about this opportunity and look forward to collaborating with the dealcloser team,” says Watson.

“Data rooms are something that we have been wanting to deliver to our customers for quite some time,” says Amir Reshef, CEO, dealcloser. “dealcloser data rooms powered by Ruby Datum gives our M&A users full-access to custom, secure virtual data rooms, allowing our users to receive their clients’ data quickly and efficiently. We expect this partnership with Ruby Datum to be a huge benefit to our current and future users,” concludes Reshef.

Powered by Ruby Datum, dealcloser’s virtual data rooms will have the same look and feel as the dealcloser application, ensuring a seamless translation between both platforms. The partnership is just the beginning of the Complete M&A Experience that dealcloser will be releasing throughout 2022. Due Diligence, Project Templates, Document Automation, DigitalSigning, Transaction Closings—dealcloser’s Complete M&A Experience.

 

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About dealcloser

dealcloser was founded in Edmonton, Canada in 2017, by Amir Reshef and Mike O’Connor. dealcloser is a transaction management hub for legal professionals that brings lawyers and their clients together on a deal, transforming and modernizing the deal process. Client relationships are at the core of any law firm and even small transactions require significant client interaction. Whether you have one or many deals on the go, use dealcloser to ensure that each client feels like they’re your top priority.

 

About Ruby Datum

Ruby Datum is a pioneering Virtual Data Room platform with a credible reputation for being intuitive, resilient, and rapid for collaboration, with over 23,000 users & 11 million documents across thousands of deals. The platform was built from the start with scalability and integrations in mind, and the team have now built full document, data & task management facilities that can be interlinked & white-labelled, allowing firms to effectively build their own SaaS products within Ruby Datum.

 

Media contacts

Dan Wales
Chief Growth Officer, dealcloser
dan@dealcloser.com

Nicholas Watson
Chief Executive Officer, Ruby Datum
nick@rubydatum.com