Latham & Watkins Advises KKR in Semperis’ Series C Funding Round

Semperis, a pioneer in identity-driven cyber resilience for enterprises, has announced that it has raised over US$200 million in Series C funding led by KKR, with participation from Ten Eleven Ventures, Paladin Capital Group, Atrium Health Strategic Fund, Tech Pioneers Fund, and existing investors including Insight Partners. Semperis is the fastest-growing cybersecurity company in America per the Financial Times 2022 ranking. The new funding will help enable Semperis to accelerate hiring across all functions globally to better support its expanding customer base, with an emphasis on its identity-focused incident response team.

Latham & Watkins LLP advised KKR in the transaction with a corporate deal team led by Boston partners Ryan McCarthy and John Miller, with associates Michael Casagrande and Dante Spurlock. Advice was also provided on benefits and compensation matters by Los Angeles partner Michelle Carpenter and Washington, D.C. counsel Laura Szarmach; on intellectual property matters by Boston partner Sarah Gagan, with associates Deborah Hinck and Veronica Ye; on data privacy matters by Bay Area partner Robert Blamires, with associate Adriana Beach; on tax matters by Bay Area partner Katharine Moir, with associate Jeremiah Cowen; and on antitrust matters by Washington, D.C. counsel Joseph Simei.