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CQR raised $3 million in a funding round led by Shorooq to scale operations and enhance its AI capabilities.

Mar 01, 20256 months ago

Amount Raised

$3 Million

Round Type

seed

Al KhobarNetwork SecurityCyber SecurityArtificial IntelligenceInformation Technology

Investors

Shorooq

Description

CQR, a Saudi Arabia-based cybersecurity firm, raised $3 million in a recent funding round. The investment will help the company scale operations and enhance its AI-driven cybersecurity offerings for industrial operations.

Company Information

Company

CQR

Location

Al Khobar, Eastern Province, Saudi Arabia

About

CQR is a Saudi Arabia-based cybersecurity firm founded in 2023 by Naser Al-Dossary. The company specializes in AI-driven, product-based cybersecurity solutions designed for operational technology environments. CQR aims to reengineer cybersecurity for industrial operations by building innovative and scalable solutions. Their investment focus is on enhancing AI capabilities and scaling operations to address rapidly evolving cyber threats.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers