CIO Influence
CIO Influence News Security

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

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

Company Also Announces Three Additions to its Executive Team with IPO and Public Company Experience

Semperis - Active Directory - AD Security and Recovery Solutions

Semperis, a pioneer in identity-driven cyber resilience, 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.

Also Read: Why Every Organization Needs a Digital Twin

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.”

Also Read: CBRE Enhances, Differentiates Data Center Capabilities with Acquisition of Direct Line Global

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.”

Also Read: SightGain Adds to Leadership Team with New VP of Sales and Board Member

[To share your insights with us as part of editorial or sponsored content, please write to psen@itechseries.com]

Related posts

Durabook Introduces U11 Fully Rugged 2-in-1 Tablet With Innovative Detachable Rugged Keyboard

Zenity Research Finds 62 Percent of Copilots and Low-Code Apps Contain Security Vulnerabilities

PR Newswire

Edgecore Announces Successful Disaggregated Cell Site Gateway Trial with Vodafone Romania and ADVA

CIO Influence News Desk