AvePoint launched Confide, a virtual data room to help businesses manage sensitive data needs, and collaborate with greater confidence. Confide is the only virtual data room fully integrated with Microsoft 365, and hosted on the end-user cloud tenant, providing optimal security and initiation efficiency. Confide enables businesses to seamlessly work with both internal and external actors, without the concern of data breaches, accidental exposure, and costly mistakes, especially when engaging in highly confidential projects like mergers and acquisitions, financial audits, intellectual property, and executive collaboration.

Powered by the same technology behind AvePoint's IT products, Confide provides the following for business leaders: Simple Setup: Instead of tasking IT with building a new secure workspace, which can slow down business-critical decisions, Confide empowers business leaders to build their projects intuitively and safely. Seamless integration with Microsoft 365 not only provides familiar user-experience, but it also reduces the number of SaaS solutions required for work. Robust Governance: Business leaders can apply and control granular, project-specific permissions that allow full control and transparency across the sensitive project lifecycle.

Additionally, secure, in-line communication and task management ensures all discussions occur, and data exists, within the project, as opposed to in email or external chats. Real Time Insights and Intelligence: To manage activity within projects, business leaders have centralized access to analytics that show document viewership, editing status, and permissions. Unlike other virtual data rooms, Confide is an application where all uploaded data is securely stored within the organization's own Office 365 tenant.

Additionally, Confide was designed to intentionally restrict IT admin access, and only grant access to the business leaders within the organization who should be privy to such sensitive information. This is different from other forms of private channels that exist within Microsoft Teams, Slack or Google Workspace, for example.