Phoenix Insurance has continued its corporate venturing activities, in a round valuing the
Cheq, the Israel-based developer of a cybersecurity software offering for marketing operations, secured $150m in series C funding on Tuesday from investors including insurance provider Phoenix Insurance Company.
The round was led by Tiger Global Management with additional backing from Battery Ventures, Hanaco and Key1 Capital. It takes Cheq’s overall funding to $183m and it valued the company at over $1bn according to Calcalist.
Founded in 2016, Cheq provides cybersecurity software which helps companies clamp down on fake engagement, advertising…
Fernando Moncada Rivera
Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
