SmartRoom

Company History Timeline

A Legacy of Innovation in Secure Data Management

1998
BMC Group Founded

Sean Allen and Tinamarie Feil launch BMC Group to modernize legal and financial information workflows with a focus on compliance, efficiency, and security.

  • Early focus: restructuring, compliance, and stakeholder communication

  • Foundation laid for secure enterprise-grade information exchange

1998
Early 2000s
SmartRoom Emerges

SmartRoom is developed in-house to meet the growing need for fast, auditable, and secure document collaboration in high-stakes corporate and legal transactions.

Early 2000s
2005
SmartRoom Becomes a Standalone Platform

SmartRoom formally becomes its own product offering, supporting M&A, investor communications, restructuring, and more across industries.

2005
2006–2009
International Growth

SmartRoom expands internationally, establishing presence in North America, Europe, and Asia to support growing global client demand.

2006–2009
2007
SmartRoom Becomes a Market Leader

SmartRoom gains rapid adoption in restructuring, legal, and M&A transactions.

  • Becomes go-to platform for due diligence and large-scale corporate deals

  • Builds reputation for white-glove service and enterprise-grade security

2007
2008
BMC Group VDR LLC is Founded

BMC Group creates a dedicated VDR entity, which is later renamed SmartCloud LLC, expanding the product vision into broader, cloud-based process and data management.

2008
2012
Partnership with Intapp / DealCloud Begins

SmartRoom establishes early integration with DealCloud to streamline deal management workflows.

2012
2015 - 2018
Platform Expansion

SmartRoom enhances its VDR and data governance capabilities:

  • Integrations with Microsoft Office, DocuSign, and Salesforce

  • Used in capital raises, loan syndications, and structured finance

  • Enhanced reporting, permissioning, and audit controls

2015 - 2018
2020 - 2022
Product Adoption Deepens Across Financial Ecosystem

SmartRoom and SmartCloud products gain traction in:

  • Private Equity

  • Corporate Development

  • Legal and compliance-driven workflows

Rollouts include SmartDrive and SmartExchange to support investor communication and secure data sharing.

2020 - 2022
2023
SmartIRM Launch

SmartIRM delivers enterprise-grade Information Rights Management, enabling organizations to protect sensitive documents even after they’ve been downloaded.

  • Controls printing, copying, forwarding, and access revocation in real-time

  • Key for legal, investor, and deal team compliance

2023
2023
Partnership with DealCloud Deepens

SmartRoom’s DealCloud integration becomes more robust, offering two-way syncing and embedded data workflows for deal professionals.

2023
2024
SmartCloud Engage Launches + IQ500 Rollout

SmartCloud introduces SmartCloud Engage, a collaborative workspace designed for complex stakeholder communication across the deal lifecycle.

  • Features include: real-time dashboards, secure messaging, lifecycle tracking

  • IQ500, the latest deal intelligence interface, launches leveraging Engage’s infrastructure

2024
Today
Trusted Across the Deal Lifecycle

With 25+ years of innovation, SmartRoom and SmartCloud now support:

  • M&A, Private Equity, Corporate Development

  • Restructuring, Investor & Regulatory Reporting, Legal Compliance

  • Complex, high-volume transactions requiring speed, control, and security

25+ Years Strong. 1 Trusted Platform.

Today

Trusted By Industry Leaders

“Partnering with SmartCloud has simplified and streamlined our M&A activity from both the buyside and sellside. Ease of use, dedicated support and best in class technology saves us hours of time on every transaction while ensuring a safe, reliable platform for our data.”

Marc D. Benson
Chief Financial Officer
Tecta America Metro New York SmartRoom

SmartCloud is our go-to data room provider. The system is easy to use, represents fantastic value for money and the support and service from the SmartRoom team is incredibly responsive and second to none.”

Christian Mancier
Partner Corporate Commercial
Gorvins Solicitors SmartRoom

“After researching several competitors, closely comparing features and benefits, going with SmartCloud was one of the best decisions I made last year. Great value, tech and rockstar round-the-clock customer service, both for ourselves and on behalf of our clients. Refreshingly exemplary in all ways.

Holt Vaughn
Partner
Tobin Leff

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What to Look for in a Secure File Sharing Platform

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FREE Checklist

What to Look for in a Secure File Sharing Platform

Most organizations don’t know what they’re missing — until it’s too late. This quick-reference checklist gives you the critical criteria every public or enterprise team should evaluate before choosing a document sharing or collaboration solution.