Cocoon Data offers an ultra-secure file sharing and collaboration platform for regulated data, utilizing patented Secure Objects Technology for data-centric security. It ensures end-to-end encryption and granular access control, providing robust audit trails for compliance with stringent industry standards.
Funding
Funding not disclosed
Founders
Product
Problem
Organizations handling regulated data face significant challenges in ensuring secure file sharing and maintaining compliance with stringent industry standards. Traditional methods often fall short, leaving sensitive information vulnerable to unauthorized access and potential breaches, leading to compliance failures and reputational damage.
Solution
Cocoon Data provides a FedRAMP Ready, ultra-secure file sharing and collaboration platform designed for regulated data. Leveraging patented Secure Objects Technology, the platform ensures data integrity and confidentiality through a data-centric security approach. Files are encrypted at the user's device using unique AES-256 bit keys, linked to specific identities and embedded with granular policy conditions for access control. This ensures that only authorized individuals can access data, regardless of their location or network security. The platform offers robust audit trails and compliance adherence for sectors with the most demanding security requirements.
Target Audience
Primary customers include government contractors, defense organizations, healthcare providers, and financial services institutions that handle sensitive and regulated data and require robust security and compliance solutions.
Features
- Patented Secure Objects Technology combining identity, policy, and unique encryption keys for each file.
- End-to-end encryption initiated at the user's device before data leaves for the cloud.
- Granular access control permissions including view-only, edit online, download, create, manage, and co-owner roles.
- Time-based and geofencing access controls to restrict file access by date, time, and location.
- Dynamic watermarking to deter unauthorized sharing and screen capture.
- Multi-factor authentication (MFA) for enhanced user account security.
- Comprehensive audit trails logging all file access and activity down to the individual file level.
- Support for Active Directory and SAML integration for seamless identity management.
- Deployment options including SaaS, private cloud, on-premises, and AWS GovCloud.
- FedRAMP Ready status and compliance with regulations such as ITAR, CMMC, HIPAA, and GDPR.