Semperis, a company specializing in protecting corporate identity, announced Wednesday that it has raised $40 million in a series B financing, bringing the total to $54 million to date.
The financing round was led by Insight Partners with the participation of existing investors. Semperis intends to use these tools to expand its global presence and accelerate recruitment in all functional areas.
Semperis is headquartered in New York, with research teams in San Francisco and Tel Aviv, Israel. The Company states that the majority of its customers are in the United States and that some launch customers are in Europe and the APAC region.
The company says it has been profitable for the last six quarters – it could have continued to operate without raising additional funds – but it has decided to grow stronger and believes that Insight Partners, a global venture capital and private equity firm, is ideal for this purpose. Teddy Vardi, Managing Director of Insight Partners, will become a member of Semperis’ Board of Directors.
Semperis currently offers two products: Semperis Directory Services Protector, which helps organizations protect Active Directory, and Semperis Active Directory Forest Recovery, which helps organizations recover from an attack.
Mickey Brezman, CEO of Semperis, told SecurityWeek in an interview that the company’s solutions are designed to help organizations before, during and after an attack. Prior to an attack, they scan Active Directory installations for vulnerabilities and misconfigurations, and if an attack is detected, they provide insight into organizations and enable them to easily undo changes made by attackers.
An example of this is the attack on NotPetya and its consequences for the Danish shipping giant Maersk. In this incident, the Active Directory recovery process took nine days, but Bresman said his company’s solutions could reduce recovery time to 4 hours – or even less, depending on the size of the company and its business processes.
This financing event is a milestone for Semperis, and we are proud that such an elitist group of investors supports us in our mission, said Mr. Brezman. Cyber security programmes, large and small, are at the forefront of a new war that knows virtually no boundaries or rules of engagement. When we think of hospitals that don’t have access to their systems to save lives, or cities that are being held hostage, we have a responsibility to help organizations regain control. That’s what motivates us.
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@EduardKovacs – Publisher of the Safety Week. He worked for two years as a high school computer science teacher before starting a career in journalism as a security reporter for Softpedia. Edouard has a bachelor’s degree in industrial computer sciences and a master’s degree in computer engineering for electrical engineering.
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