Semperis obtains financing in the amount of USD 125 million, appoints new members of the management staff

Identity security company Semperis has raised $125 million in growth financing from JP Morgan and Hercules Capital.

This latest round of financing follows a $200 million Series C round in 2022 led by KKR and aims to further support Semperis’ product innovation and growing global customer base.

Semperis CEO Mickey Bresman expressed optimism about the financing, stating that it “will accelerate research and development investments and expand our global reach to meet market demand.” The company has been named to Deloitte’s Technology Fast 500 list for four consecutive years for its industry performance. Semperis specializes in providing a comprehensive identity system protection platform aimed at reducing the effectiveness of ransomware and other cyberattacks.

Scott Bluestein, CEO and CIO of Hercules Capital, commented on Semperis’ role in the industry: “Semperis is a clear leader in the urgently needed field of identity system defense, offering attack prevention, detection and response based on machine learning. Leading organizations around the world rely on Semperis to protect the hybrid Active Directory environment that underpins their IT infrastructure and is a prime target for attacks.”

Along with the financing announcement, Semperis also added three new executives to its board of directors, each of whom brings significant cybersecurity and IPO experience. Jeff Bray has been named chief financial officer. Bray has experience leading finance teams at cybersecurity providers such as Rapid7, Imprivata and Invicti Security, managing over $1 billion in capital markets transactions. Of his new role, Bray stated: “Semperis, with new support from JP Morgan and Hercules Capital, as well as our existing team of world-class sponsors, will continue to innovate to stop cyberattacks.”

Mike DeGaetano, the new chief revenue officer, has sales leadership experience at organizations including Symantec, RSA, Zscaler, Forcepoint, and most recently Broadcom. DeGaetano was responsible for establishing Broadcom’s cybersecurity sales team following its acquisition of Symantec.

Annabel Lewis joins as Chief Legal Officer and Corporate Secretary. He has twenty years of experience in the cybersecurity and technology industry, including roles at Trustwave, Singtel and Onapsis. Lewis’ experience includes handling mergers, acquisitions, IPO initiatives, legal responsibilities, regulatory compliance and corporate information security.

The financing will enable Semperis to continue to focus on product development innovation and support the needs of its growing customer base through a 100% channel model. The company is known for its identity-based cyber resilience solutions trusted by large enterprises and government agencies around the world. According to Forrester’s 2024 Total Economic Impact Report, implementing Semperis solutions has the potential to save enterprises millions of dollars by significantly reducing downtime and manual threat monitoring.

The financing and new executive appointments are in line with the company’s strategic goals to strengthen cybersecurity measures and expand its global footprint. Semperis continues to play a key role in securing hybrid and multi-cloud environments for a wide range of organizations.