News: Cybersecurity firm Semperis secures $200 Mn Series C funding

Funding & Investment

Cybersecurity firm Semperis secures $200 Mn Series C funding

The Series C funding was led by KKR along with the participation from Ten Eleven Ventures, Paladin Capital Group, Atrium Health Strategic Fund and Tech Pioneers Fund.
Cybersecurity firm Semperis secures $200 Mn Series C funding

Identity-driven cyber resilience firm Semperi has raised over $200 million in Series C funding led by KKR. Existing investors participating included Insight Partners while new investors included Ten Eleven Ventures, Paladin Capital Group, Atrium Health Strategic Fund and Tech Pioneers Fund.

The new funding will enable Semperis to accelerate hiring across all functions globally to better support its expanding clientele, with an emphasis on its identity-focused incident response team. With KKR investing, Ben Pederson, Director of KKR's Tech Growth team, will join Semperis' Board of Directors.

Ben Pederson, Director, KKR, said, “ A very dedicated clientele, including a growing number of the largest organisations in the world, trust Semperis to defend their critical identity systems from cyberattacks. The vast majority of attacks today are identity-based, targeting credentials to infiltrate businesses. Semperis' leading identity protection technology and incident response expertise are delivering category-defining innovation, and KKR is proud to back their mission.”

Semperis was founded in 2013 by Mickey Bresman, Guy Teverovsky and Matan Liberman. 

In addition to scaling its staff, Semperis will invest a significant portion of the investment in researching and developing to drive innovation in the identity system defence market, focusing on its Directory Services Protector platform, which Gartner categorises as an identity threat detection and response (ITDR) solution. Identity theft is one of the lethal crimes committed in the cyber waves, according to various reports.

"From day one, Semperis has been on a mission to be a force for good," said“With Semperis' multi-layered identity protection, organisations can fend off cyber attacks without being forced to choose between two bad options: paying the criminals or getting shut down. With the combined experience that KKR, Ten Eleven Ventures, Insight Partners, and other esteemed investors in this round bring to scaling high-growth cybersecurity companies, we have an elite group of strategic partners in our corner to help advance our mission,”said Semperis CEO Mickey Bresman.

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Topics: Funding & Investment, Technology, #Cybersecurity

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