Hybrid Active Directory threat detection and response specialist exceeds 3,000% growth over five years
HOBOKEN, N.J. — Semperis, a pioneer in identity-driven cyber resilience, today announced it surpassed $100M in annual recurring revenue (ARR), a milestone that fewer than one in every 1,000 venture-backed enterprise software companies achieves, according to venture capital firm, Greylock Partners. Fueling Semperis’ rapid customer growth and ascension to “centaur status” is the company’s comprehensive solution for enterprises combatting the ever-growing threat of identity-based attacks in Active Directory and Entra ID environments. It has achieved an annual growth rate of more than 200% in the UK over the past two years.
Putting Identity at the Center of Cyber Resilience
Semperis enters its next phase of growth as the cybersecurity industry shifts from focusing primarily on attack prevention to prioritising extended coverage of the attack lifecycle with cyber resilience. This shift is partially being brought on by new regulations like the Digital Operational Resilience Act (DORA) and popular frameworks like NIST. Additionally, CISA, NSA, and other global cybersecurity agencies recently collaborated on a report sounding the alarm about Active Directory threats, compelling organisations to take corrective action to remove vulnerabilities attackers exploit as entry points to carry out malicious objectives.
“Identity resilience has become the new security perimeter, making every aspect of an organisation’s digital existence existentially dependent on their identity system, most often Active Directory. And when Active Directory and other identity systems are compromised, the foundations of a business dependent on them are at unacceptable risk. Recognising the essential relationship between identity and business resilience, Semperis’ products and services are on the cutting edge of cyber use cases, setting them apart from competitors. You can’t simply bolt on identity security, because it is core to business operations and critical to sustain defense against sophisticated and motivated nation-state backed threat groups. Like business resilience, identity resilience must be addressed at the core,” said Chris Inglis, Semperis Strategic Advisor and former U.S. National Cyber Director.
Semperis’ Mission to Be a Force for Good
According to the Semperis Ransomware Risk Report 2024, 83% of surveyed organisations suffered from ransomware attacks in the previous year, with 78% of attack victims paying ransom, some multiple times. Core to Semperis’ mission to be a force for good is helping customers say no to ransomware demands. The company built several free community tools, including Purple Knight, which 30,000 users leverage for assessing Active Directory, Entra ID, and Okta vulnerabilities in enterprise environments, and Forest Druid, which discovers tier 0 attack paths.
“From our inception in 2015, we’ve been preaching the importance of putting identity at the center of your cyber resilience strategy,” said Mickey Bresman, Semperis CEO. “The biggest brands in the world rely on us to safeguard their hybrid AD environments, which are being targeted at unprecedented levels. I’m proud to offer organisations with an alternative option to giving in to ransom demands by taking back control through comprehensive protection, from detection and response, to full-on crisis recovery. We cover the entire identity attack lifecycle and provide specialised incident response support.”
The Rising Category of Identity Threat Detection and Response
Semperis is an early pioneer of Identity Threat Detection and Response (ITDR), one of the fastest-growing cybersecurity categories. Today, Gartner ranks ITDR a “top CISO trend” as organisations adopt zero-trust models and recognise the increasing frequency of attackers successfully targeting identity system vulnerabilities.
With a focus on cyber resilience, 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.
The 2024 ‘Forrester Total Economic Impact Report' of Semperis details the potential millions of dollars in savings for enterprises after deploying Semperis, cutting downtime by 90 percent, spending 40 percent less time manually monitoring for threats, and decreasing overall cyber risk pre, during, and post-attack.
“With growth of more than 200% annually in the UK over the past two years and the dramatic increase in identity-driven cyberattacks, surpassing $100M in annual recurring revenue is further validation of our ‘best in breed’ solutions that are critical in protecting identity systems, the new security perimeter. We look forward to helping more companies in the UK identify, halt and rapidly recover from threats to identity systems, such as Active Directory, Entra ID, Okta and others," said Dan Lattimer, Area VP, EMEA West at Semperis.
‘KKR is proud to back the hybrid identity resilience mission of Semperis and a growing number of the largest organisations in the world trust them to defend their critical identity systems from cyberattacks. Today, the vast majority of attacks are identity-based, targeting credentials to infiltrate businesses. Semperis’ leading identity protection technology and incident response expertise are delivering category-defining innovation, not achieved by competitors,’ said Ben Pederson, KKR Director and a member of Semperis’ Board of Directors.
Leadership Expansion with IPO Experience and Other Recent Developments
Semperis recently announced new c-suite additions of Jeff Bray, Chief Financial Officer, Mike DeGaetano, Chief Revenue Officer and Annabel Lewis, Chief Legal Officer, coming from high-growth cyber companies, all with firsthand IPO and public company experience.
In June 2024, Semperis announced its latest round of strategic growth financing, $125 million from J. P. Morgan and Hercules Capital. Other recent updates include being named to Deloitte’s Technology Fast 500 List for five consecutive years and various product announcements, introducing a new SaaS offering for small to midsized businesses, and expanding its AI-powered threat detection and response capabilities.
About Semperis
For security teams charged with defending hybrid and multi-cloud environments, Semperis ensures the integrity and availability of critical enterprise directory services at every step in the cyber kill chain and cuts recovery time by 90%. Purpose-built for securing hybrid identity environments—including Active Directory, Entra ID, and Okta—Semperis’ AI-powered technology protects over 100 million identities from cyberattacks, data breaches and operational errors. The world’s leading organizations trust Semperis to spot directory vulnerabilities, intercept cyberattacks in progress and quickly recover from ransomware and other data integrity emergencies. Semperis is headquartered in Hoboken, New Jersey, and operates internationally, with its research and development team distributed throughout the United States, Canada and Israel.
Semperis hosts the award-winning Hybrid Identity Protection conference and podcast series (www.hipconf.com) and built the community hybrid Active Directory cyber defender tools, Purple Knight (www.semperis.com/purple-knight/) and Forest Druid. The company has received the highest level of industry accolades, recently named to Inc. Magazine’s list of best workplaces for 2024 and ranked the fastest-growing cybersecurity company in America by the Financial Times. Semperis is a Microsoft Enterprise Cloud Alliance and Co-Sell partner and is a member of the Microsoft Intelligent Security Association (MISA).
Learn more: https://www.semperis.com