Enterprise identity protection specialists Semperis on Thursday announced the closing of a hefty $125 million growth financing round and a batch of executive hires with public company experience.
The New Jersey company said the financing was provided by JP Morgan and Hercules Capital and comes as it prepares for an exit via the public markets.
Semperis also announced the addition of three new executives to its C-suite, a new Chief Financial Officer, Chief Revenue Officer, and Chief Legal Officer, each with firsthand cybersecurity IPO and public company experience.
The latest capital infusion brings the total raised by Semperis to $373 million and follows a $200 million raise in 2022 that last valued the company north of $1 billion.
The company’s roster of investors also includes private equity investment firm KKR, Ten Eleven Ventures, Paladin Capital Group, Atrium Health Strategic Fund, Tech Pioneers Fund and Insight Partners.
Semperis, based in Hoboken, builds and markets technology to help organizations protect Microsoft Active Directory installations.
The Series C startup currently offers two products: Semperis Directory Services Protector, which helps organizations protect Active Directory, and Semperis Active Directory Forest Recovery, designed to help organizations recover following an attack.
The company’s products provide multiple roadblocks to thwart attackers before, during, and after an attack.
Prior to an attack, the product can be used to scan Active Directory deployments for vulnerabilities and misconfigurations, and in case an attack is detected, it provides visibility and tools to easily revert any malicious changes made by the attackers.
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