Semperis, an identity-driven cyber resilience pioneer, announced it secured $125 million in growth financing from J. P. Morgan and Hercules Capital. The company – which had raised a $200 million Series C funding round in 2022 led by KKR – will use the new financing to further invest in product innovation and support a rapidly expanding global customer base.
With a focus on cyber resilience, Semperis offers 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.
Along with growth financing, Semperis added three new executives to its C-suite, each with firsthand cybersecurity IPO and public company experience:
1.) Jeff Bray – Chief Financial Officer – 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.
2.) Mike DeGaetano – Chief Revenue Officer – Started his sales leadership career at Symantec and subsequently led high-performing teams at RSA, Zscaler pre- and post-IPO, Forcepoint, and most recently at Broadcom where he was responsible for establishing the cybersecurity sales team following the Symantec acquisition.
3.) Annabel Lewis – Chief Legal Officer and Corporate Secretary – Has 20 years of cybersecurity and tech industry experience, including multiple mergers, acquisitions, IPO initiatives, and international expansion. Annabel held executive positions at Trustwave, Singtel, and Onapsis and was responsible for legal, compliance, corporate information security, audit, strategic partnerships, and business development.
KEY QUOTES:
“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.”
– Scott Bluestein, CEO and CIO at Hercules Capital
“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 Ventures, Paladin, Atrium Health Strategic Fund 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.”
– Semperis CFO Jeff Bray
