Seoul, South Korea, May 27, 2024 CHEQUER Inc., the innovative developer of cloud security solution “QueryPie,” today announced that it has successfully closed a strategic investment round, joining Shinhan Venture Investments, raising a total of $1 million. $27.82 millionOther prominent investors participating in the round include Salesforce Ventures and Z Venture Capital (ZVC).
CHEQUER Inc. receives strategic investment from Shinhan Venture Investments.
Since its founding, Checker has focused on security solutions for cloud-native environments that comply with global corporate compliance and security standards, and has focused on product development aimed at entering overseas markets. The company has received investment from overseas, including Y Combinator, and has signed important partnership agreements with leading domestic companies for technology verification, with the aim of entering global markets.
Brant FanThe CEO and founder of Checker, Inc., expressed his enthusiasm to partner with Salesforce Ventures, ZVC, and Shinhan Venture Investment to enter the Japanese market. He emphasized the importance of working with investment partners who share QueryPie’s vision of providing effective solutions for digital transformation and cybersecurity in Japan. JapanChecker aims to strengthen its competitive position in cybersecurity and corporate compliance, including obtaining J-Sox certification on a global scale. Japanese Compliant with IT General Control (ITGC) standards, we implement a zero-trust security model and a cloud SaaS-based access control solution customized for Japanese enterprises.
Jinsu LeeChecker, who is the global head of Shinhan Venture Investment, cited QueryPie’s growth potential and cutting-edge cloud-based security solution technology that exceeds global standards. He also noted the company’s efforts to discover and invest in promising Korean startups that have the potential to succeed in the Japanese market, positioning Checker as a key player in the digital transformation of Japanese industry.
Going forward, CHEQUER Inc. plans to further expand its presence in the public, financial and enterprise markets by leveraging its strong customer base, which includes LG Uplus, Kakao, Shinhan, Yanolja and Hyperconnect (Match Group). Japan With the backing of strategic investors and a solid growth strategy, CHEQUER Inc. is poised for significant growth and success in the evolving landscape of cloud security and digital transformation.
About CHEQUER Inc.
Founded in Silicon Valley in 2016, CHEQUER Inc. is a B2B solution provider optimized for SaaS and cloud environments that offers the cloud data protection platform CDPP. With a team of engineers and experts in various fields who worked at Kakao and Naver, the company officially released QueryPie in 2017. June 2020QueryPie is a unified data governance platform for data analytics and infrastructure environments, allowing enterprises to centrally manage development infrastructure, data access control, and data-related tasks, leading to reduced costs and increased revenue in cloud environments, while complying with data security regulations such as J-Sox, ISMS, PCI-DSS, and GDPR.
Currently, the company provides solutions to major Korean and international companies such as Kakao Enterprise, Kakao Pay, Karot, Mushinsa, Yanolja, and HYBE, and is experiencing rapid growth. Checker recently released QueryPie SAC (System Access Controller), an enhanced security solution that complies with Korean and international data security regulations. For more information, Query Pie
Source Checker Inc.
