Cybersecurity firm Semperis raises $125 mln from JP Morgan, Hercules Capital

Hercules Capital

20/06/2024 17:17

June 20 (Reuters) - Cybersecurity software firm Semperis
said on Thursday it has raised $125 million in financing from
J.P. Morgan and Hercules Capital, which would fund research and
development at the company and help expand its global footprint.
    The financing comes two years after Semperis raised $200
million in a Series C round led by private equity firm KKR
 KKR.N .
    The decade-old company provides an identity system defense
platform for enterprises and government agencies and also helps
organizations safeguard their hybrid Active Directory
environment that manages permissions and network access.
    Semperis' customers include law firm Ropes & Gray, French
drugmaker Sanofi  SASY.PA  and Chinese personal computers maker
Lenovo Group  0992.HK .
    The Hoboken, New Jersey-based company is also backed by
venture capital firms Insight Partners, Ten Eleven Partners and
Paladin.

 (Reporting by Arasu Kannagi Basil in Bengaluru; Editing by
Shailesh Kuber)
 ((ArasuKannagi.Basil@thomsonreuters.com;))