Semperis, a pioneer in identity-driven cyber resilience, has announced it secured $125m in growth financing from J. P. Morgan and Hercules Capital.
Following a $200m Series C round in 2022 led by KKR, the new funding will allow Semperis to further invest in product innovation and support its rapidly expanding global customer base.
Semperis provides the industry’s most comprehensive identity system defense platform, trusted by the largest enterprises and government agencies worldwide, to significantly reduce the success rate of ransomware and other destructive attacks. The company’s focus on cyber resilience has earned it a spot on Deloitte’s Technology Fast 500 list for four consecutive years.
The new funding will be used to enhance Semperis’ product innovation and expand its global footprint. The company aims to continue disrupting cyberattacks with advanced machine-learning-based attack prevention, detection, and response capabilities.
In addition to the growth financing, Semperis has added three new executives to its C-suite. Jeff Bray, Chief Financial Officer, brings extensive experience from Rapid7, Imprivata, and Invicti Security. Mike DeGaetano, Chief Revenue Officer, has a strong background in sales leadership from Symantec, RSA, Zscaler, Forcepoint, and Broadcom. Annabel Lewis, Chief Legal Officer and Corporate Secretary, has 20 years of cybersecurity and tech industry experience, including roles at Trustwave, Singtel, and Onapsis.
Hercules Capital CEO and CIO Scott Bluestein said, “Semperis is a clear leader in the urgently needed area of identity system defense, with machine-learning-based attack prevention, detection, and response. 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.”
Semperis CFO Jeff Bray highlighted the company’s momentum, stating, “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.
“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.”
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