CHEQUER, a Seoul, South Korea-based B2B SaaS cybersecurity platform startup, has closed a significant investment round.
SaaS Investors
The round was co-led by Salesforce Ventures and Z Venture Capital (ZVC).
Salesforce Ventures helps enterprising founders build companies that reinvent the way the world works. Since 2009, the firm invested in and partnered with more than 400 software companies from seed to IPO. Salesforce Ventures has invested in more than 28 countries with offices all over the world including in San Francisco, Irvine, New York, London, and Tokyo.
Z Venture Capital serves as the corporate venture capital arm of LY Corporation (an integrated entity of Z Holdings•LINE•Yahoo Japan, etc.), supporting startups with global potential. ZVC is the succeeding company of YJ Capital Inc., which was established in August 2012, following its merger with LINE Ventures Corporation in April 2021.
CHEQUER Use of Funds
The company will use the funding to fuel global expansion and innovation in cloud-native security platforms.
About CHEQUER
Founded in Silicon Valley in 2016, CHEQUER is a company that provides B2B solutions optimized for SaaS and cloud environments, offering Cloud Data Protection Platform, CDPP. The company officially launched the QueryPie in June 2020, a unified data governance platform for data analytics and infrastructure environments, enabling enterprises to centrally manage development infrastructure, data access control, and data-related tasks, leading to reduced costs and increased revenue in the cloud environment. It complies with data security regulations like J-Sox, ISMS, PCI-DSS, and GDPR. CHEQUER is a Y Combinator alumni (YC W20) focused primarily on Japan and South Korea.
Funding Details
Company: CHEQUER, Inc.
Raised: Undisclosed
Round: Unknown
Funding Month: February 2024
Lead Investors: Salesforce Ventures and Z Venture Capital
Additional Investors:
Company Website: https://www.querypie.com/
Software Category: Cybersecurity
Source: https://www.prnewswire.com/apac/news-releases/chequer-inc-querypie-secures-investment-to-accelerate-growth-302077005.html