Tauro News

Transaction completed – Cocoon Data

29 March 2010

Cocoon Data listed on the Australian Small Scale Offerings Board on 30 September 2009 to raise $1.5 million to fund their working capital requirements during the growth phase of the business. Tauro are pleased to announce these funds have been fully subscribed.

Cocoon Data Holdings Pty Ltd is a software company that has developed a technology which allows electronic files to be securely encrypted, giving the client the ability to send highly confidential documents anywhere in the world with complete control over who can access them.

The core technology developed by Cocoon Data Holdings Pty Ltd is known as 'Secure Objects', and is fast becoming the world's best practice standard for sending encrypted access controlled data over the internet. For more information on the Company, please go to http://www.cocoondata.com