Cocoon Data

Cocoon Data is a data security company that provides an encrypted file sharing and collaboration platform. The company's core product is a secure file sharing solution that uses a patented "Secure Objects" approach, which assigns a unique encryption key to each individual file rather than protecting all data with a single key. This method is designed to minimize the risk of unauthorized data access. The platform is built to meet FIPS 140 Level 2 encryption requirements and holds ISO 27001 certification. It is designed for organizations that need to share sensitive files in compliance with various regulatory frameworks, including ITAR (International Traffic in Arms Regulations), CMMC (Cybersecurity Maturity Model Certification), HIPAA, GLBA, and the NAIC Model Law for insurance data security. Cocoon Data's primary markets include the U.S. defense and intelligence communities, insurance companies, healthcare organizations, and other regulated industries. The company positions itself as a preferred provider for ITAR-compliant and CMMC-ready file sharing in the defense sector. The platform provides granular, object-level access control and encrypts data both at rest and in transit, enabling users to share links to files stored in the cloud rather than attaching sensitive documents to emails. The company describes its solution as plug-and-play, requiring minimal IT overhead. Cocoon Data has also launched a related product called Qanapi, described as an encryption platform. The company was founded by Trent Telford and is headquartered in Sydney, Australia, with a focus on global customers in regulated industries.