SEOUL, South Korea, March 4, 2024 – CHEQUER Inc., a leading B2B SaaS cyber security platform startup, announced today that it has closed an investment round, positioning the company for accelerated expansion in the global market and innovation in the cloud native security platform sector.
The round was co-led by Salesforce Ventures and Z Venture Capital (ZVC), bringing the cumulative investment in CHEQUER Inc. so far – including the seed round in 2021 – to $24.82 million.
CHEQUER Inc., a US-based Y Combinator alumni (YC W20) focused largely in Japan and South Korea, has experienced rapid growth since its inception, achieving notable milestones such as launching ‘QueryPie’, a Cloud Data Protection Platform (CDPP) that enables companies to respond to data governance and its infrastructure development. It supports integrated management of data access control, auditing, and monitoring tasks in cloud environments, allowing for easier and safer cyber security by saving costs and increasing revenue. It also provides a zero-trust framework for corporate compliance with global data security regulations such as CSA-STAR(gold), ISMS-P, PCI-DSS, J-Sox and GDPR.
“This investment marks a significant watershed moment for CHEQUER as we continue to revolutionize the cloud data protection platform landscape,” said Brant Hwang, a founder & CEO of CHEQUER Inc. “We are thrilled to work with Salesforce Ventures and ZVC who share our vision of innovating cyber security.”
“We are impressed by CHEQUER’s innovative approach and leadership team,” said Ken Asada, Salesforce Ventures Partner & Head of Japan. “We believe that CHEQUER is well-positioned to help transform the way businesses harness technology and drive meaningful value for its customers. We look forward to supporting CHEQUER as it enters its next phase of growth and expansion.”
With this investment and global relationship with Salesforce Ventures and ZVC, CHEQUER Inc., is poised to deliver exceptional value to customers across B2B SaaS platform sectors in Japan as one of CHEQUER’s primary international expansion opportunities.
