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New Deal


Announced

Completed

Tiger Global led a $150m Series C round in Cheq.

Financials

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Transaction Value£110m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Digital Services

Completed

security applications

Minority

Venture Capital

Cross Border

Private

Israel

Acquisition

Private Equity

Single Bidder

Friendly

cybersecurity

Synopsis

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Tiger Global led a $150m Series C round in Cheq, a provider of security applications to Go-to-Market teams, with participation from Battery Ventures, Hanaco, Phoenix Insurance and Key1 Capital. "We're putting cybersecurity in the hands of Go-to-Market leaders, to secure their operations, marketing, sales, data and analytics from fake users, bots, and other malicious actors, who makeup over 40% of the Internet's traffic. We're providing GTM organizations the highest level of protection a CISO could require, without hurting the needs of the CMO, CRO and other GTM leaders," Guy Tytunovich, CHEQ Founder and CEO.

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