CHEQUER, a frontrunner in the B2B SaaS cyber security platform sector, has recently announced the closure of a significant investment round.
This strategic financial infusion is poised to catapult the company into a new phase of global expansion and innovation, particularly in the realm of cloud-native security platforms.
The investment round, co-led by Salesforce Ventures and Z Venture Capital (ZVC), has elevated the total funding received by CHEQUER Inc. to $24.82m, inclusive of a seed round completed in 2021.
Founded in Silicon Valley in 2016 and a Y Combinator alumni of the W20 cohort, CHEQUER has carved a niche for itself primarily within the markets of Japan and South Korea. The company’s flagship offering, QueryPie, is a Cloud Data Protection Platform (CDPP) that empowers organizations to manage data governance comprehensively. This platform facilitates integrated management of data access control, auditing, and monitoring within cloud environments. By leveraging QueryPie, businesses can achieve enhanced cyber security, cost savings, and revenue growth, all within a zero-trust framework that complies with stringent global data security regulations.
CHEQUER has been on a rapid growth trajectory since its inception, demonstrating significant achievements. For instance, the company has successfully launched QueryPie SAC (System Access Controller), broadening its suite of security solutions that meet both Korean and international data security standards. Furthermore, CHEQUER Inc. has garnered the trust of leading Korean and international corporations, evidencing the company’s capability to deliver exceptional value across B2B SaaS platform sectors.
CHEQUER founder & CEO, Brant Hwang, expressed his enthusiasm about the investment, stating, “This investment marks a significant watershed moment for CHEQUER as we continue to revolutionize the cloud data protection platform landscape. We are thrilled to work with Salesforce Ventures and ZVC who share our vision of innovating cyber security.”
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