Hoboken cyber startup, Semperis, secures $125M in growth financing to further invest in product innovation

Semperis, a Hoboken startup focused on identity-driven cyberresilience, on Thursday said it had raised $125 million from J.P. Morgan and Hercules Capital and will be using it for research & development and business development.

Recognized on Deloitte’s Technology Fast 500 list for four consecutive years, Semperis is consistently outperforming its industry peers. Semperis provides 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.

“Semperis is a clear leader in the urgently needed area of identity system defense, with machine-learning-based attack prevention, detection and response,” Scott Bluestein, CEO and chief information officer at Hercules Capital, said. “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.”

In addition to the growth financing, Semperis added three new executives to its C-suite, each with firsthand cybersecurity IPO and public company experience:

Jeff Bray, chief financial officer, has 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.

In addition, Mike DeGaetano is joining as its chief revenue officer, and Annabel Lewis is coming on as chief legal officer and corporate secretary.

All three have extensive backgrounds with some of the more successful cyber companies of the last decade.