Cheq: Raises $150M in Series C Funding

Cheq Raises $150M in Series C Funding

  • Cheq, a Tel Aviv, Israel-based Go-to-Market Security (GTMSec) provider, raised $150M in Series C funding
  • The round, which brings total funding to-date to $183M, was led by Tiger Global with participation from Battery Ventures, Hanaco, Phoenix Insurance and Key1 Capital
  • The company intends to use the funds to accelerate growth and expansion of the research and development, sales, and marketing teams
  • The company provides cybersecurity solutions for Go-to-Market teams to protect their sales pipelines, marketing funnels, sites, eCommerce, data and analytics from fake visitors, fraudsters, and malicious bot traffic
  • They are used by over 12,000 customers across 50,000 websites worldwide
  • The company, which holds offices in New York, Tel-Aviv and Tokyo, aims to nearly triple its growth in 2022 across its key geographies in North America, EMEA and APAC
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...