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Chekkt

From EverybodyWiki Bios & Wiki


DiscoverCloud
Type of businessPrivate
Founded2012
HeadquartersIsrael
ServicesB2B Platform
Websitediscovercloud.com

DiscoverCloud (formerly known as Chekkt) was founded in 2012 by the American-Israeli accelerator Valueshine Ventures. DiscoverCloud allows visitors to compare and purchase cloud based software in a variety of SaaS categories. It is also the only marketplace globally that allows early (alpha and beta) stage SaaS developers to publish their products in the marketplace. This is said to allow them to gain vital feedback on the product or service offered. As of January 2015, Chekkt has been rebranded into DiscoverCloud.

In 2012, the company received $1.3 million in investment from a number of companies and investors, with the largest coming from Israel Tech Trust.

Background[edit]

DiscoverCloud is an Israeli-based B2B eCommerce site, which was created by Valueshine Ventures. The company was launched to offer a B2B eCommerce solution. The website aims to bring together online businesses, entrepreneurs, startups and high tech companies.[1][2]

DiscoverCloud aims to help businesses find the right software solution, due to the sheer number of SaaS solutions available to small businesses. The marketplace gives its visitors a rundown of options, along with a comparison tool and user-driven reviews and ratings to help visitors find the solution that meets their exact needs. This includes accounting services, online campaign management solutions, analytics and other services. The marketplace aims to offer a complete list of services ideal for those who don’t know which best fits their need.[3][4]

At the time of the company’s foundation, Ori Manor who is currently the company CEO, explained that DiscoverCloud's solution enables companies of any size to purchase cloud based software relevant to their business needs in an easy and convenient fashion, “Our clientele are Internet companies who sell or buy SaaS products of various types and we actually accompany them along their journey, starting from product browsing, feature analysis, product comparisons and on through to their purchase.“[3]

Soon after the company’s foundation, they had registered over 1000 vendors to their site. In October 2013, the website announced that they will become the first platform to allow early (alpha and beta) stage SaaS developers to publish their products in the marketplace, effectively enabling them to gain initial exposure, receive important feedback, and attract early adopters.[5]

Investment[edit]

The marketplace’s initial round of investment came soon after the company was founded and was led by the San Diego VC firm, Israel Tech Trust. The San Diego-based company was responsible for around $1 million of the total investment. The remaining amount of investment came from Pikadon Tech, Wingate Ventures, Nicholas Pariente’s Broadway Partners and ValueShine Ventures private Israeli investor Emilio Memun.[6]

References[edit]

  1. "Chekkt Profile". Crunchbase. Retrieved 26 November 2013.
  2. "Investing Profile: Chekkt". BusinessWeek. Retrieved 26 November 2013.
  3. 3.0 3.1 "Chekkt raises 1.25m to help you Find the Right SaaS for your Business". Geektime. Retrieved 26 November 2013.
  4. "Chekkt, a new SaaS Marketplace, Will Serve Startups and SMBs". PR Web. Retrieved 26 November 2013.
  5. "Chekkt Will Incorporate Early-Stage SaaS Developers Into Its Marketplace". PR Web. Retrieved 26 November 2013.
  6. "SaaS Marketplace Chekkt Raises $1.25M In Seed Financing". NoCamels. Retrieved 26 November 2013.


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