Adrian Johnson
TLDR:
- CHEQUER, a B2B SaaS cyber security platform company, secures a $24.82m investment round led by Salesforce Ventures and Z Venture Capital.
- The investment will fuel global expansion and innovation in cloud-native security platforms, particularly in Japan and South Korea.
Full Article:
CHEQUER, a leading player in the B2B SaaS cyber security platform sector, has recently closed a significant investment round totaling $24.82m. Co-led by Salesforce Ventures and Z Venture Capital (ZVC), this strategic financial infusion is set to propel the company into a new phase of global expansion and innovation, specifically in the field of cloud-native security platforms. Founded in Silicon Valley in 2016 and an alumni of Y Combinator’s W20 cohort, CHEQUER has focused on markets in Japan and South Korea.
The company’s flagship product, QueryPie, is a Cloud Data Protection Platform (CDPP) that enables organizations to manage data governance comprehensively. This platform allows for integrated management of data access control, auditing, and monitoring within cloud environments. By utilizing QueryPie, businesses can enhance their cyber security measures, reduce costs, and drive revenue growth under a zero-trust framework compliant with global data security regulations.
CHEQUER has demonstrated rapid growth since its inception, achieving milestones such as the launch of QueryPie SAC (System Access Controller) to expand its suite of security solutions meeting Korean and international data security standards. The company has earned the trust of leading corporations in Korea and internationally, showcasing its ability to deliver significant value across B2B SaaS platform sectors.
The founder and CEO of CHEQUER, Brant Hwang, expressed excitement about the investment, emphasizing its importance in revolutionizing the cloud data protection platform landscape. He highlighted collaboration with Salesforce Ventures and ZVC, who share the company’s vision of advancing cyber security.
