FirmRoom vs. Wasabi Object Storage

This is a great data room for a simple transaction. It does not offer all of the bells and whistles like some data rooms--but the price point is a fraction of what those data rooms cost. And I think this is a great solution for an M&A project. I'm not sure it would be as good for tracking what users viewed a document or how long--although in all honesty, I didn't see such features. These days, most clients want to try and use Dropbox or Google Docs and I feel that firm room is a far superior solution to those often-used choices and the price point is not very painful and does not decrease the attractiveness of the offering.

Wasabi is just simple and easy to use. It incorprates well with Veeam and other backup solutions. The cost savings alone is enough to make anyone switch. Plus thier reliability has been on great. We havent experienced any down time or issues since converting out cloud backup solution to Wasabi.

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• Securely Store Documents
• Customizable Permissions
• Organize Files

• AWS S3 compatible APIs.
• Supports custom policies and sub-accounts.
• Much cheaper when compared to AWS S3.

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• There is some latency in loading larger documents. So sometimes it wasn't quite as quick as I would have liked.

• Id love to see them add a FIPS compliant container to allow for secure storage for DoD.

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In expensive cost and simple design. There was basically no onboarding needed and you can sign up for yourself online. Security standards are similar to other M&A data rooms, but pricing is much less expensive. Never have to worry about permissions when adding new users to the virtual data room.

Wasabi is a tiny bit more expensive than Backblaze B2 ($5.99 vs $5 per TB per month), and there are minimum storage size/time requirements (1TB, 3Mo), but Wasabi has free traffic each month up to the size of storage which can save you a lot of money.

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• Much less expensive than per page data rooms
• Can view documents quicker with the in-platform viewer
• Almost no training required which saves me time when inviting new users

• The cost savings from previous Cloud backup solution is over 70%
• Ease of backups - Incorporation with Veeam already in place
• Our biggest bottleneck for throughput is our on-prem storage offloading to Wasabi. COuldnt be happier with thier network bandwith.

Incentivized

Independently Invited by TrustRadius

A de minimis incentive was given to thank the reviewer for their time. The incentive was not used to bias or drive a particular response, nor was the incentive contingent on a positive endorsement. More Info