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