Cheq Raises $150M in Series C Funding

Cheq

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.

Led by CEO Guy Tytunovich, Cheq 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.

FinSMEs

23/02/2022