Semperis Announces $200M Raised in Funding Round to Support R&D
New Jersey-based Semperis Inc. has raised over $200 million in a funding round led by KKR & Co. This round had a valuation substantially higher than the prior round and included investors such as Insight Partners and Ten Eleven Ventures.
“We are focusing on identity-driven cyber resilience and threat mitigation because in this new reality where companies are working remotely and accessing applications and assets in the cloud, putting everything behind a firewall no longer offers the same degree of protection,” said Semperis Chief Executive Mickey Bresman.
This new funding will support the company as it strives to expand its research and development team globally. With a larger team, development work will go towards protecting a customer’s entire cloud data.
Semperis’ technology is set to protect and empower organizations, providing them with the tools needed to make the right decisions without putting themselves at risk of operational disruption. The ability to say no to ransom and blackmail makes all the difference.
Are you developing new software for an existing application? Did you know your development work could be eligible for the R&D Tax Credit and you can receive up to 14% back on your expenses? Even if your development isn’t successful your work may still qualify for R&D credits (i.e. you don’t need to have a patent to qualify). To find out more, please contact a Swanson Reed R&D Specialist today or check out our free online eligibility test.
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Swanson Reed is one of the U.S.’ largest Specialist R&D tax advisory firms. We manage all facets of the R&D tax credit program, from claim preparation and audit compliance to claim disputes.
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