Semperis Bolsters Cyber Resilience Efforts with $125 Million Funding Injection

June 21, 2024, 3:31 am
Location: United States, New Jersey, Hoboken
Employees: 201-500
Founded date: 2013
Total raised: $365M
Semperis, a prominent player in the realm of identity-driven cyber resilience, has recently secured a substantial $125 million in growth funding from esteemed financial entities J.P. Morgan and Hercules Capital. This significant investment is earmarked to drive forward product innovation initiatives and provide essential support to an ever-expanding global customer base that relies on Semperis' cutting-edge technology to safeguard over 100 million identities from the perils of cyber threats.

Semperis' patented technology is purpose-built to fortify hybrid identity environments, including Active Directory, Entra ID, and Okta, offering a robust defense mechanism against cyberattacks, data breaches, and operational mishaps. Renowned as the go-to solution for discerning organizations worldwide, Semperis aids in identifying directory vulnerabilities, intercepting ongoing cyberattacks, and swiftly recovering from ransomware and other data integrity crises.

Operating on an international scale, Semperis boasts a research and development team dispersed across the United States, Canada, and Israel, underscoring its commitment to global cybersecurity excellence. In a strategic move to further enhance its leadership team, Semperis has welcomed three seasoned executives to its C-suite, each bringing a wealth of experience in cybersecurity IPOs and steering public companies towards success.

Jeff Bray assumes the role of Chief Financial Officer, leveraging his extensive background in leading finance teams at prominent cybersecurity vendors in both public and private markets. Mike DeGaetano steps in as Chief Revenue Officer, drawing from his illustrious sales leadership career at industry stalwarts such as Symantec, RSA, and Zscaler. Annabel Lewis, appointed as Chief Legal Officer and Corporate Secretary, brings over two decades of cybersecurity and tech industry expertise to the table, having spearheaded multiple mergers, acquisitions, and international expansion endeavors.

With the backing of J.P. Morgan and Hercules Capital, alongside existing supporters like KKR, Insight Partners, and Paladin, Semperis is poised to continue its disruptive innovations in the fight against cyber threats. The infusion of growth financing complements Semperis' already robust balance sheet, enabling accelerated investment in research and development efforts and an expanded global footprint to meet the escalating demands of the market.

In a landscape where the focus on securing and fortifying identity infrastructure is paramount, Semperis stands at the forefront, offering specialized protection for hybrid AD and Entra ID systems. The resounding demand for Semperis' solutions underscores the critical role the company plays in fortifying organizations against cyber threats, solidifying its position as a key player in the cybersecurity domain.