Enterprise identity protection vendor Semperis has banked $200 million in a new round of funding. SecurityWeek has learned that the latest funding values the company north of $1 billion.
Semperis said the Series C funding round was led by private equity investment firm KKR. Ten Eleven Ventures, Paladin Capital Group, Atrium Health Strategic Fund, Tech Pioneers Fund and Insight Partners also invested.
The new funding brings the total raised by Semperis to $254 million and a source close to the deal confirmed Semperis is now a member of the so-called “unicorn club” of startups boasting billion-dollar valuations.
Semperis, based in Hoboken, New Jersey, builds and markets technology to help organizations protect Microsoft Active Directory installations.
Semperis 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.
“Identity systems such as Microsoft Active Directory (AD) and Azure AD, used in over 90% of enterprises, are coming under sustained attack,” Semperis said in a note announcing the new financing. The company said its 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.
The company said it plans to use investment to expand research and development work on the identity systems defense market and to speed up hiring at its offices in the U.S., Canada, and Israel.
KKR said it is investing in Semperis through its Next Generation Technology Growth Fund II, a fund dedicated to growth equity investment opportunities in the technology space.
Related: Enterprise Identity Protection Firm Semperis Raises $40 Million
Related: ID Verification Vendor Socure Raises $100 Million at $1.3B Valuation
Ryan Naraine is Editor-at-Large at SecurityWeek and host of the popular Security Conversations podcast series. He is a security community engagement expert who has built programs at major global brands, including Intel Corp., Bishop Fox and GReAT. Ryan is a founding-director of the Security Tinkerers non-profit, an advisor to early-stage entrepreneurs, and a regular speaker at security conferences around the world.
More from Ryan Naraine
- Backslash Snags $8M Seed Financing for AppSec Tech
- Oleria Scores $8M Seed Funding for ID Authentication Technology
- Aembit Scores $16.6M Seed Funding for Workload IAM Technology
- Project Zero: Samsung Mobile Chipsets Vulnerable to Baseband Code Execution Exploits
- Rapid7 Buys Anti-Ransomware Firm Minerva Labs for $38 Million
- Microsoft Pins Outlook Zero-Day Attacks on Russian Actor, Offers Detection Script
- Microsoft Warns of Outlook Zero-Day Exploitation, Patches 80 Security Vulns
- Adobe Warns of ‘Very Limited Attacks’ Exploiting ColdFusion Zero-Day
Latest News
- CISA Gets Proactive With New Pre-Ransomware Alerts
- Watch on Demand: Supply Chain & Third-Party Risk Summit Sessions
- TikTok CEO Grilled by Skeptical Lawmakers on Safety, Content
- CISA, NSA Issue Guidance for IAM Administrators
- Analysis: SEC Cybersecurity Proposals and Biden’s National Cybersecurity Strategy
- Intel Boasts Attack Surface Reduction With New 13th Gen Core vPro Platform
- Cisco Patches High-Severity Vulnerabilities in IOS Software
- ‘Nexus’ Android Trojan Targets 450 Financial Applications
