CHEQUER Inc. Secures $27.82M Investment for Global Expansion

Web DeskMay 27, 2024 11:49 AMbusiness
  • CHEQUER Inc. raises $27.82 million in Strategic Investment round
  • Focus on expanding globally with key Japanese partnerships
  • Introduction of QueryPie SAC to address evolving cybersecurity needs
CHEQUER Inc. Secures $27.82M Investment for Global ExpansionImage Credits: en_prnasisa
CHEQUER Inc., a leading developer of cloud security solutions, secures $27.82 million in funding for global expansion. With a focus on the Japanese market and innovative cybersecurity offerings like QueryPie SAC, the company is poised for continued success in the technology sector.

CHEQUER Inc., a renowned developer specializing in cloud security solutions, recently announced the successful closure of a Strategic Investment round, raising an impressive $27.82 million. This funding was secured from esteemed investors including Shinhan Venture Investment, Salesforce Ventures, and Z Venture Capital. The company is widely recognized for its leading product 'QueryPie', which is designed to deliver top-notch security solutions for cloud-native environments while ensuring compliance with global standards.

Established with a vision to expand globally, CHEQUER Inc. has garnered investments from notable entities such as Y Combinator. The company is now focusing on strengthening its international presence by collaborating with key Japanese firms.

CEO Brant Hwang expressed enthusiasm about the company's entry into the Japanese market, supported by investment partners who share QueryPie's vision. CHEQUER Inc. is set to enhance its cybersecurity offerings by acquiring certifications like J-Sox and introducing a customized zero-trust security model tailored for Japanese enterprises.

JinSoo Lee from Shinhan Venture Investment emphasized the innovative technology and growth potential of QueryPie, positioning CHEQUER Inc. as a significant player in Japan's digital transformation journey. Through strategic partnerships with major Korean corporations, the company aims to expand its influence across public, financial, and enterprise sectors in Japan and Korea.

Founded in Silicon Valley in 2016, CHEQUER Inc. specializes in providing B2B solutions for SaaS and cloud environments. Its flagship product, QueryPie, serves as a robust data governance platform that streamlines data management tasks and ensures adherence to diverse data security regulations.

With the recent introduction of QueryPie SAC, a comprehensive security solution, CHEQUER Inc. continues to address the evolving needs of Korean and international businesses. The company's strategic investments and growth strategy position it favorably in the competitive landscape of cloud security and digital transformation.

CHEQUER Inc.'s recent funding success and strategic initiatives underscore its commitment to innovation and global expansion in the realm of cloud security solutions. With a strong focus on enhancing cybersecurity measures and catering to the evolving demands of businesses worldwide, the company is poised for continued success and growth in the dynamic technology sector.

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