LATEST NEWS

Semperis Secures $125 Million in Growth Financing to Further Invest in Product Innovation

Semperis, a pioneer in identity-driven cyber resilience, today announced it secured $125 Million in growth financing from J. P. Morgan and Hercules Capital. Following a $200 million Series C round in 2022 led by KKR, the new $125 million growth financing enables Semperis to further invest in product innovation and support a rapidly expanding global customer base.

Recognized on Deloitte’s Technology Fast 500 list for four consecutive years, Semperis is consistently outperforming its industry peers. With a focus on cyber resilience, Semperis provides the industry’s most comprehensive identity system defense platform, trusted by the largest enterprises and government agencies in the world, to dramatically reduce the success rate of ransomware and other destructive attacks. Forrester’s 2024 Total Economic Impact™ Report of Semperis details the potential millions of dollars in savings for enterprises after deploying Semperis, cutting downtime by 90 percent, spending 40 percent less time manually monitoring for threats, and decreasing overall cyber risk pre, during, and post-attack.

“Semperis is a clear leader in the urgently needed area of identity system defense, with machine-learning-based attack prevention, detection, and response,” said Scott Bluestein, CEO and CIO at Hercules Capital. “Leading organizations around the world depend on Semperis to safeguard their hybrid Active Directory environment, which is foundational to the IT infrastructure and heavily targeted by attackers.”

In addition to the growth financing, Semperis added three new executives to its C-suite, each with firsthand cybersecurity IPO and public company experience: Jeff Bray, Chief Financial Officer, has led finance teams at cybersecurity vendors in the public and private markets, including Rapid7, Imprivata, and Invicti Security, helping them grow into scalable software businesses. Bray has been involved in multiple acquisitions and has managed more than $1 billion in capital markets transactions.

“As CISOs shift their focus towards securing and building resiliency into their identity infrastructure, we see enormous demand for specialized hybrid AD and Entra ID protection,” said Semperis CFO Jeff Bray. “Semperis, with new support from J.P. Morgan and Hercules Capital, and our existing team of worldclass backers, KKR, Insight Partners, Ten Eleven Partners, Paladin, Advocate Health and others, will continue to drive innovations to disrupt cyberattacks. The growth financing complements an already strong balance sheet, allowing Semperis to accelerate the investment in R&D and expand our global footprint to meet market demand.”


Credit:Semperis

Danit

Recent Posts

AccuLine reports 94% sensitivity in clinical trial of its 4-minute cardiac diagnostic system

The study validated the CORA system’s ability to rule out coronary artery disease with a…

2 days ago

Factify Raises $73M to Kill the PDF and Build a New Document Standard for AI

Factify replaces static PDFs with authoritative, intelligent records that allow AI to take charge of…

2 days ago

Mesh Security Raises $12 Million Series A to Power Autonomous Execution for Cybersecurity Mesh at Enterprise Scale

Mesh Security, the company delivering the world’s first Cybersecurity Mesh Architecture (CSMA) platform, today announced…

5 days ago

NetZero Tech Ventures Spotlights Strategic Reset in Climate and Energy Investments

New review by the investment firm examines how climate-tech investors are pivoting toward reliability, AI…

1 week ago

Datarails Raises $70M Series C Led by One Peak to Make AI the Foundation of the CFO’s Office

By eliminating the need for finance professionals to choose between Excel and external AI tools,…

2 weeks ago

Vicor technology enables Betterfrost to defrost glass in record time

Vicor high-density power modules enable 60 second defrosting time using 20x less energy Traditional approaches…

2 weeks ago