SendPPM Announces Online 506b PPM

Sept. 1, 2015

SendPPM.com announces the release of their web-based PPM distribution platform for use by issuers, broker dealers, investment bankers and other financial professionals in accordance with the new Securities Exchange Commission (SEC) guidelines. This is in response to the SEC’s recent No-Action letter which clarifies the utilization of the internet for online Private Placements under rule 506(b).

In 2012 the JOBS Act lifted the prohibition on advertising or broadly soliciting investor interests in privately held securities, resulting in the establishment of procedures for general solicitation under rule 506(c). However, for a variety of reasons, firms and issuers generally preferred to continue with the tried and true approach, a private sale of securities known as a 506(b) offering. The SEC’s no action letter relative to rule 506(b) opened the door to be able to use the internet to create “pre-existing, substantive relationships” that would be permitted and not be categorized as general solicitation for private placement offerings.

“Our award winning SendPPM.com platform, now in its tenth year, has been used to raise over $1 billion in private placements by issuers, broker dealers and investment bankers, ” said Karen Perkins, President of V-Rooms™, the parent company of SendPPM.com. “We have tailored our solution to meet these new SEC guidelines and open the capital raising process to a wider online global audience of prospective investors.”

In utilizing the SendPPM.com platform, issuers will be able to collect and store confidential information from prospects in a variety of ways, assessing each prospect’s sophistication, financial circumstances, and ability to comprehend investments and their risks. Once this online pre-existing, substantive relationship with an investor is established and the investor is approved as an accredited investor, they can be provided immediate access to the offering documents via SendPPM.com’s password protected website. The platform’s extensive administrative reporting features also provide audit/tracking reports that are essential for adhering to SEC/FINRA regulations, as well as providing a “behind the scenes” view of prospect document viewing activity.

About SendPPM.com:

SendPPM.com is a division of V-Rooms™ virtual data rooms that provides a cloud-based, customizable data room solution that is designed to streamline document management, collaboration, exchange and archiving for medical, financial, legal and corporate professionals. The V-Rooms Software-As-A-Service (SAAS) secure document portal facilitates the secure exchange of sensitive information providing compliant and auditable transactions. SendPPM.com provides for the online assembly of investor information and the secure distribution of private placement memorandums to expedite raising business capital. Additional information can be found at www.SendPPM.com

About V-Rooms™:

V-Rooms™ provides a cloud-based, customizable virtual data room (VDR) solution that is designed to streamline document management, collaboration, exchange and archiving for financial, legal and corporate professionals. The V-Rooms™ Sofware-As-A-Service (SAAS) secure document portal facilitates the secure exchange of sensitive information providing compliant and auditable transactions. V-Rooms™ enables the acceleration of complex, information-intensive processes while reducing the time and expenses associated with data distribution, courier, printing and travel. Additional information can be found at here.

V-Rooms Launches a New Faster User Interface

Aug. 24, 2015

V-Rooms™ an industry leading virtual data room provider, today announced the launch of a next-generation intuitive user interface (UI), V-Rooms™ Pro+, that extends its leadership and innovation in the virtual data room industry. By providing unparalleled ease of use, faster processing speeds, and enterprise-grade security, V-Rooms’™ new UI, with a focus on speed and simplicity, makes it easier than ever before to share sensitive documents in an intuitive and visually engaging user work experience.

V-Rooms™ conducted months of deep usability research and testing with its customers and advisors resulting in an award winning, best-in-class, virtual data room solution. The result is a consistent, integrated and seamless data room experience that improves efficiency and saves time.

V-Rooms™ is a 10-year veteran of the virtual data room industry and award winning leader in the online distribution and storage of sensitive documents. V-Rooms™ was recently selected by Acquisition International as 2015’s M&A Software Supplier of the year. According to Karen Perkins, President and CTO for V-Rooms, “Software is a tool. For a tool to be used, it has to be a great tool. Our priority has always been to deliver an exceptional solution to our clients and their users that makes their job easier – the perfect tool. I believe with V-Rooms™ Pro+ we have exceeded users expectations.”

V-Rooms™ Pro+ offers a host of NEW features including:

  • Larger Servers and Faster Processing
  • DocuSign® Integration for Industry Leading eSignature Support
  • File Upload and User Creation Wizards
  • Drag and Drop Capabilities
  • New Reports and Listings
  • Extended Email Notifications Controls
  • Unified Look-and-Feel for Administrators and Users
  • Disclaimer Page Customizations and Controls
  • Search Enhancements with Filters and Groupings
  • Informational Email Capabilities
  • Extensive Document Tagging Capabilities

V-Rooms™ Virtual Data Rooms are used by teams to securely share files using role-based permissions and offer an attention to compliance. V-Rooms are often used in situations where there are multiple people addressing complex, regulated, private, information-intensive processes for mergers, acquisitions, family offices, capital raising, commercial real estate transactions, board of director communications and medical research,” according to Dan Bradbary, CEO and Founder of V-Rooms™. “Our new UI offers a variety of customizable features to best suit a variety of use cases for our clients.”

About V-Rooms™:

V-Rooms™ provides a cloud-based, customizable virtual data room (VDR) solution that is designed to streamline document management, collaboration, exchange and archiving for financial, legal and corporate professionals. The V-Rooms™ Sofware-As-A-Service (SAAS) secure document portal facilitates the secure exchange of sensitive information providing compliant and auditable transactions. V-Rooms™ enables the acceleration of complex, information-intensive processes while reducing the time and expenses associated with data distribution, courier, printing and travel. Additional information can be found at here.

V-Rooms Launches Family Office Vaults

May 28, 2015

V-Rooms™ announces the launch of the Family Office Vaults solution to address today’s concerns about cyber security and the exchange of sensitive personal and financial information for the families of ultra high-net-worth individuals.

Wealthy families need an encrypted system through which they may carefully exchange confidential information with their extended family members, attorneys, CPAs, insurance agents, investment consultants and others. Administrators of Family Office Vaults are able to provide granular access to documents such as bank statements, deeds, registrations, health records, contracts and other sensitive information only to those approved parties inside and outside the family.

“Recognizing the growth and concerns of family offices over the past few years, we are pleased to offer a secure document sharing platform that addresses these concerns,” said Dan Bradbary, Founder and CEO of V-Rooms™. “We are in our 10th year of providing our solution for financial, legal and corporate professionals and look forward to extending our solution to family office professionals.”

In essence, a Family Office Vault is a document repository that is an important part of a family’s information and knowledge initiatives. In today’s world of global competition, it is essential that a family gets its information management strategy right and is able to exchange necessary information on a worldwide basis.

In addition, features are available to control who can upload, view, print or download different files and groups of data files, even with the ability to Undo™ access to files previously downloaded. Documents stored in Family Office Vaults can be accessed over the Internet 24 hours a day, 7 days a week, with access to documents, folders or libraries controlled on a per-user basis.

About V-Rooms™:

V-Rooms™ provides a cloud-based, customizable virtual data room (VDR) solution that is designed to streamline document management, collaboration, exchange and archiving for financial, legal and corporate professionals. The V-Rooms™ Sofware-As-A-Service (SAAS) secure document portal facilitates the secure exchange of sensitive information providing compliant and auditable transactions. V-Rooms™ enables the acceleration of complex, information-intensive processes while reducing the time and expenses associated with data distribution, courier, printing and travel. Additional information can be found at here.

Exit Planning Institute Announces V-Rooms as New Strategic Alliance Partner

March 19, 2015

The Exit Planning Institute (EPI) announced a new partnership with V-Rooms Virtual Data Rooms, a division of Due Diligence Online, LLC. V-Rooms is an Internet-based, on-demand document management, document repository and file hosting service designed to speed up the completion of financial transactions.

EPI’s strategic alliance with V-Rooms will provide Certified Exit Planner Advisors (CEPA) a key resource for streamlining their processes with the business owner client. V-Rooms virtual data rooms enable the business owner to compile and house all their pertinent documents and files in one secure location, where they can be easily updated and quickly accessed. CEPA’s through EPI will now be able to offer this strategic alliance partner’s services as a quality solution in their practice.

“We are excited to announce EPI’s new partnership with V-Rooms. Our alliance will add another quality tool in our CEPA members’ toolbox that they can implement and start utilizing immediately.” – Scott Snider, VP Exit Planning Institute.

“This new partnership with EPI, in providing confidential document repository platforms for their CEPAs’ clients, further exemplifies the expanding need for secure document exchange between trusted parties.” said Dan Bradbary, Founder and CEO of V-Rooms. “We are excited to work with EPI in providing this service to their members.”

About the Exit Planning Institute

The Exit Planning Institute (EPI) delivers innovative learning experiences, performance-enhancing resources and strategic tools designed to enhance the exit planning profession. Formed in 2005 to serve educational and resource needs of accountants, financial planners and wealth managers, attorneys, commercial lenders, M&A advisors, management consultant, ESOP and family business advisors amongst other advisors, the Exit Planning Institute is considered the standard trendsetter in the field of exit planning across the globe. It is the only organization that offers the Certified Exit Planning Advisor Program (CEPA) and qualifies for continuing educational credits with six major professional associations, making it the most widely accepted and endorsed professional exit planning program in the world.

Exit Planning Institute Media Contact

Scott Snider, Vice President, PH 216-712-4244, ssnider@exit-planning-institute.org

About V-Rooms™:

V-Rooms™ provides a cloud-based, customizable virtual data room (VDR) solution that is designed to streamline document management, collaboration, exchange and archiving for financial, legal and corporate professionals. The V-Rooms™ Sofware-As-A-Service (SAAS) secure document portal facilitates the secure exchange of sensitive information providing compliant and auditable transactions. V-Rooms™ enables the acceleration of complex, information-intensive processes while reducing the time and expenses associated with data distribution, courier, printing and travel. Additional information can be found at here.

 

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An Interview of our CEO, Dan Bradbary, by Fox News

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V-Rooms™ CEO Dan Bradbary appeared on the show America’s News Headquarters on Fox News on Saturday, February 1st.

The show is co-anchored by Emmy award winning journalist Kelly Wright and Jamie Colby. Mr. Bradbary, V-Rooms™ Founder and CEO, was invited to the program as a subject matter expert on internet security.

In light of the recent high-profile internet and email hacks, he discussed what corporations and individuals can do to protect their customers’ information.
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V-Rooms Announces Private Label Deal Marketplace Capability

December 18, 2014

Successful financial organizations are continuously searching for innovative ways to assist their clients with access to investment opportunities. Many of these organizations are spending thousands of dollars to create custom deal platform solutions. These custom platforms need to graphically present M&A and growth capital deals to a private list of potential investors who have outlined their investment preferences. Recognizing the trend of financial organizations to create private deal marketplaces, V-Rooms™ announces its secure, customizable and private-label virtual deal marketplace platform – VDM.

V-Rooms™ Virtual Deal Marketplace (VDM) provides financial organizations such as Investment Bankers, Broker/Dealers, Private Equity Firms and M&A Advisors with a simple and secure, DIY deal management system that allows financial professionals to list deals, integrate due diligence information, and monitor access by their select group of investors under the banner of their branded, online platform. The Virtual Deal Marketplace fully integrates with V-Rooms™ Virtual Data Room capability allowing client firms to provide an end-to-end (deal search to due diligence) solution.

“What makes our Deal Platform unique is the ability to immediately provide secure access to potentially thousands of due diligence documents, once an investor expresses interest and meets certain criteria established by the platform owner,” said Dan Bradbary, CEO of V-Rooms™. “Access to the platform is provided to our clients as part of our services matrix and extends our commitment to provide our clients access to the capital markets and selected investment opportunities.”

One of the primary applications is for growth capital raising opportunities as an Accredited Investor Platform for Regulation D 506(c) general solicitation offerings. Authorized by the JOBS Act, VDM is a private placement promotion platform that is perfectly fitted for the secure delivery of offering documents and promotion of private securities offerings directly to verified accredited investors for general solicitation offerings.

“The VDM platform coupled with V-Rooms’™ full integration with WuFoo forms, also provides substantial automation features that are unique to both the virtual data room as well as virtual deal marketplace solutions,” said Karen Perkins, President of V-Rooms™. “With this integration, our clients can automate the accredited investor questionnaire process along with the setup of an investor’s user account on the platform and streamline the investor onboarding process.”

The announcement of more enhancements and new integrations are soon to come as V-Rooms™ continues to position itself as a leading platform choice for financial organizations, not only as a virtual data room provider, but also as a virtual clinical trial binder solution, a board portal solution and now, as a virtual deal marketplace solution.

About V-Rooms™:

V-Rooms™ provides a cloud-based, customizable virtual data room (VDR) solution that is designed to streamline document management, collaboration, exchange and archiving for financial, legal and corporate professionals. The V-Rooms™ Sofware-As-A-Service (SAAS) secure document portal facilitates the secure exchange of sensitive information providing compliant and auditable transactions. V-Rooms™ enables the acceleration of complex, information-intensive processes while reducing the time and expenses associated with data distribution, courier, printing and travel. Additional information can be found at here.

 

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