TLDR:
- South Korea’s CHEQUER closes strategic investment round at $27.82 million with investors like Shinhan Venture Investment and Salesforce Ventures.
- CHEQUER plans to expand its presence in Japan and Korea’s public, financial, and enterprise markets.
South Korea’s CHEQUER Inc. has successfully closed a strategic investment round, raising a total of $27.82 million with investors including Shinhan Venture Investment and Salesforce Ventures. The innovative developer behind the cloud security solution ‘QueryPie’ plans to leverage its client base to expand its presence in Japan and Korea. With a focus on cloud security and digital transformation, CHEQUER is poised for notable growth and success in the evolving landscape of cybersecurity.
CHEQUER’s CEO and Founder, Brant Hwang, expressed enthusiasm for the company’s expansion into the Japanese market in partnership with strategic investors. The company aims to enhance its competitiveness in cybersecurity and corporate compliance by obtaining security certifications on a global scale and introducing a zero-trust security model tailored for Japanese enterprises.
Head of Global Division at Shinhan Venture Investment, JinSoo Lee, highlighted QueryPie’s growth potential and cutting-edge cloud-based security technology that surpasses global standards. He emphasized CHEQUER Inc.’s position as a key player in the digital transformation of the Japanese industry.
Founded in Silicon Valley in 2016, CHEQUER offers business to business solutions optimized for software as a service and cloud environments, including the Cloud Data Protection Platform. The company’s QueryPie platform enables enterprises to centrally manage data analytics, infrastructure environments, and data access control, complying with data security regulations like J-Sox and GDPR.
CHEQUER has attracted investments from overseas, including partnerships with leading Japanese companies, and provides solutions to prominent Korean and international companies. With a strong focus on security solutions for cloud-native environments, CHEQUER is dedicated to developing products tailored for global corporate compliance and security standards.
