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Semperis Surpasses $100M in ARR as Organizations Prioritize Identity System Defense

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Hybrid Active Directory threat detection and response specialist exceeds 3,000% growth over five years

HOBOKEN, N.J., Jan. 30, 2025 /PRNewswire/ — 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 achieve, 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.

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 prioritizing extended coverage of the attack lifecycle with cyber resilience. This shift is partially driven 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 organizations to take corrective action to remove vulnerabilities that attackers exploit as entry points to carry out malicious objectives.

“Identity resilience has become the new security perimeter, making every aspect of an organization’s digital existence existentially dependent on the 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. Recognizing 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 organizations 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 has 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 identifies 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 organizations 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 specialized 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 organizations adopt Zero Trust models and recognize 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, which enabled a 90% reduction in downtime, a 40% reduction in time spent manually monitoring for threats, and a decrease in overall cyber risk pre-, during, and post-attack.

“Congratulations to Mickey Bresman and the entire Semperis team for surpassing $100 million in annual recurring revenue, as they have reached rarified air amongst enterprise software companies. Identity-centric cyberattacks are rapidly increasing and traditional security solutions fall short of protecting an organization’s most critical assets. Semperis has ‘best in breed’ solutions that help organisations detect, remediate and recover from identity-based attacks. I look forward to working with Semperis in 2025 to expand its presence in Australia, New Zealand and throughout Asia Pacific and Japan,” said Malcolm Turnbull, Semperis Strategic Advisor and former Australian Prime Minister.

Leadership Expansion with IPO Experience and Other Recent Developments

Semperis recently announced new C-suite additions: Jeff Bray, Chief Financial Officer; Mike DeGaetano, Chief Revenue Officer; and Annabel Lewis, Chief Legal Officer. All come from high-growth cyber companies and have 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 the fifth consecutive years and various product announcements, including a new SaaS offering for small to midsized businesses and expansion of its AI-powered threat detection and response capabilities.

Supporting Investor Quotes

“Insight Partners was thrilled to partner with Semperis in 2020, and five years later we are more bullish on the company and its award-winning hybrid identity protection solutions. “Congratulations to Mickey and the team on surpassing $100 million in ARR. Mickey, Guy and Matan had the foresight of identity security becoming a top priority for organizations years before others. This enabled the team to have an enterprise-ready platform in the market when the demand surfaced. Today, that demand has never been greater,” said Teddie Wardi, Managing Director at Insight Partners and a member of Semperis’ Board of Directors.

“Congratulations to Mickey and the entire Semperis team on the $100 million ARR milestone. KKR is proud to support the company’s hybrid identity resilience mission and is thrilled to see the growing number of organizations in the world trusting Semperis to defend their critical identity systems from cyberattacks. Semperis’ leading identity protection technology and incident response expertise are delivering category-defining innovation against serious identity-based attacks,” said Ben Pederson, KKR Managing Director and a member of Semperis’ Board of Directors.

“For Semperis, reaching $100 million in ARR is a monumental milestone and reflective of years of innovation, growth, and an unwavering commitment to addressing pressing cybersecurity challenges. At Paladin, we look forward to seeing what’s next for Semperis, as hybrid identities, most often Active Directory, will continue to be under constant attack, especially at public sector organizations. What Semperis has done to revolutionize the Active Directory process and reduce recovery time from days to mere minutes is remarkable,” said Tom Clute, Principal, Paladin Capital Group.

“Semperis is proof that specialized ‘best-in-breed’ solutions can grow into huge companies, helping enterprises worldwide address a specific attack vector more effectively. At Ten Eleven Ventures, we have admiration for Semperis achieving $100 million in ARR as it demonstrates how a specialized strategy can lead to immense growth and scale. Since our initial investment in 2022, the company has solidified its place as a cybersecurity centaur and I couldn’t be happier,” said Mark Hatfield, Founder and General Partner, Ten Eleven Ventures and a Semperis Strategic Advisor.

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 

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Media Contact:
Bill Keeler
Senior Director, PR & Comms
billk@semperis.com

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EPWK HOLDINGS LTD. Announces Pricing of Initial Public Offering

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XIAMEN, China, Feb. 6, 2025 /PRNewswire/ — EPWK HOLDINGS LTD. (the “Company”) (NasdaqGM: EPWK), a company that connects businesses with great talents through innovative and efficient cloud-sourcing platforms, announced the pricing of its initial public offering (the “Offering”) of 2,750,000 Class A ordinary shares at a public offering price of $4.10 per share. The Class A ordinary shares start trading on Nasdaq Global Market under the ticker symbol “EPWK” on February 6, 2025.

The Company will receive aggregate gross proceeds of $11.275 million from the Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters an option, exercisable within 30 days after the closing of the Offering, to purchase up to an additional 412,500 Class A ordinary shares at the public offering price, less underwriting discounts and commissions. The Offering was conducted on a firm commitment basis.

Proceeds from the Offering will be used for business development and marketing, research and development, exploration of new product and service offerings and the creation of an online global design center, and general corporate purposes and working capital.

Cathay Securities, Inc. acted as the representative of the underwriters, with Revere Securities LLC acting as co-underwriter (collectively, the “Underwriters”) for the Offering. VCL Law LLP served as counsel to the Company. Winston & Strawn LLP served as counsel to the Underwriters.

The Offering was conducted pursuant to the Company’s Registration Statement on Form F-1, as amended (File No. 333-269657) (the “Registration Statement”), previously filed with and subsequently declared effective by the U.S. Securities and Exchange Commission (“SEC”) on February 3, 2025. The Offering was made only by means of a prospectus, forming a part of the Registration Statement. A final prospectus relating to the Offering will be filed with the SEC and will be available on the SEC’s website at www.sec.gov. Alternatively, electronic copies of the prospectus relating to the Offering may be obtained from Cathay Securities, Inc. at 40 Wall Street, Suite 3600, New York, NY 10005, or by telephone at +1 (855) 939-3888.

This press release has been prepared for informational purposes only and shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About EPWK HOLDINGS LTD.

The Company connects businesses with outstanding talent through an innovative and efficient integrated crowdsourcing platform, providing creative transaction services for small and medium-sized enterprises and suppliers. The Company was founded by Huang Guohua, former chief reporter of Fujian Daily Press Group, and conducts its operations through its subsidiaries and contractual arrangements with the variable interest entity in China. For more information, please visit the Company’s website: www.epwk.com

Forward-Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs, including the expectation that the Offering will be successfully completed. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the SEC.

For more information, please contact:

Investor Relations
EPWK HOLDINGS LTD.
Phone: +86 0592-5978725
Email: chenyanjun@epwk.com

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SOURCE EPWK HOLDINGS LTD.

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SIMONA AMERICA Group Advances Sustainability Commitments with SBTi Validation As Part of SIMONA AG

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Reduction of CO2 emissions by 42% by 2030 (Scope 1 and 2)SIMONA’s contribution to restricting global warming to 1.5 degreesSignificant milestone in the execution of SIMONA’s sustainability strategy

ATLANTA, Feb. 6, 2025 /PRNewswire/ — SIMONA AMERICA Group, a subsidiary of SIMONA AG, is proud to announce that the company’s ambitious greenhouse gas (GHG) reduction targets have been officially validated by the Science Based Targets initiative (SBTi). This milestone underscores SIMONA’s commitment to reducing its environmental footprint and contributing to the global effort to limit temperature rise to 1.5 degrees Celsius.

SIMONA first signed up to the Science Based Target initiative (SBTi) at the beginning of 2024. The rationale behind this move was to ensure an effective reduction in the company’s carbon footprint, while also making a positive contribution to global climate change mitigation. In joining the SBTi, SIMONA has taken responsibility for the environment and set itself long-term goals that are both quantifiable and based on scientific principles.

As part of these science-based targets, SIMONA has pledged to reduce Scope 1 and Scope 2 emissions by 42% in absolute terms by 2030, using 2022 as the baseline year. Additionally, the company has committed to reducing Scope 3 emissions from purchased goods and services by 51.6% per ton of manufactured product within the same timeframe. The SBTi has recognized these targets as ambitious and aligned with the latest climate science and objectives of the Paris Agreement.

“The SBTi’s confirmation of our climate targets is a significant achievement within our sustainability strategy. It illustrates that we are on the right track when it comes to making a genuine contribution to global climate change mitigation. Working closely with our partners and customers, we are doing everything in our power to achieve our goals in a determined and effective manner,” said Johannes Kappler, Head of Sustainability at SIMONA AG.

At SIMONA AMERICA Group, sustainability remains a top priority across all facilities, operations, and product offerings. Through the increased use of renewable energy, process efficiency improvements, and material innovation—including the expansion of the TERREFORM® line for the aerospace industry and the installation of more than 3,300 solar panels at the Archbald, PA facility—SIMONA AMERICA Group is actively contributing to the company’s broader carbon reduction goals.

“SIMONA has started its sustainability journey much like every other company—by gathering a baseline for carbon accounting,” said Autumn Werner, Sustainability Manager for SIMONA AMERICA Group. “However, with SBTi validation, we have also added accountability to ensure that our efforts lead to real emission reductions while supporting the global goal of restricting warming to 1.5 degrees.”

Werner further emphasized the importance of industry-wide collaboration in sustainability: “SIMONA’s work towards becoming sustainable doesn’t just stop at products—it extends to real efforts across all of our facilities to drive meaningful emission reductions. The SBTi validation keeps us on track and aligns us with the many other companies committed to measurable, science-based climate action.”

To achieve these ambitious targets, SIMONA AMERICA Group is implementing specific initiatives, including transitioning to green electricity, optimizing production processes, and increasing the use of sustainable raw materials. Additionally, efforts to integrate post-industrial and customer waste into new products further reinforce the company’s circular economy approach.

The Science Based Targets initiative (SBTi) was established in 2015 as a collaboration between the Carbon Disclosure Project (CDP), the United Nations Global Compact, the World Resources Institute (WRI), and the World Wildlife Fund (WWF). It provides companies with the framework to set rigorous emissions reduction targets in line with the latest climate science.

As SIMONA AMERICA Group continues to advance its sustainability strategy, the company remains committed to meaningful, science-backed actions that drive measurable impact for the environment and the industries it serves.

About SIMONA AMERICA Group

SIMONA AMERICA Group is a diversified manufacturer of high-quality thermoplastic products designed to provide innovative solutions and world-class customer service throughout the United States. As a subsidiary of SIMONA AG, the company is dedicated to sustainability, excellence, and advancing material technologies across multiple industries.

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Walter P Moore receives ACEC California top award for CAA ICON’s Intuit Dome

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SACRAMENTO, Calif., Feb. 6, 2025 /PRNewswire/ — Last night, the American Council of Engineering Companies of California (ACEC California) announced that Walter P Moore has won the prestigious Golden State Award for their work on the Intuit Dome located in Inglewood, California.

Intuit Dome realized owner Steve Ballmer’s vision for the NBA Los Angeles Clippers to play in an iconic venue within a complex that houses all team functions under a single roof. The 18,000-seat arena is the NBA’s most environmentally friendly arena and benefits the Inglewood community year-round. The venue anchors a 1.14 million-square-foot facility including state-of-the-art practice and training facilities, team offices, fan gathering spaces, and indoor and outdoor basketball courts open to the public. The distinctive diagrid shell roof, covered in diamond-shaped ETFE and PTFE fabric panels, is designed to resemble a basketball net, making Intuit Dome stand out from other NBA arenas.

Walter P Moore’s team of structural, enclosure, seismic, and construction engineering specialists blended their expertise to optimize the roof geometry, connections, and panel layouts to achieve the goals of strength, beauty, and practicality. Seismic safety was a concern because the site is 1.25 miles from the Newport-Inglewood Fault.

The team created an elegant and ingenious solution that allows the light diagrid shell to behave independently from the much stiffer main arena structure that supports it during a seismic event. They connected the diagrid shell to the arena roof at its top and then laterally supported it at node points down its height with innovative toggle-brace connections. The toggle-braces provide lateral and gravity support while allowing the shell to “swish like a hula skirt” around the more rigid brace frame structure. Intuit Dome also features an enormous one-of-a-kind “Halo” board, a one-million pound, 360-degree, double-sided video board with retractable end pieces that are suspended from the roof, along with state-of-the-art rigging and catwalk systems that enhance the venue’s capabilities.

Intuit Dome is a fully electric facility with sufficient solar panels and batteries to power the arena for an entire concert or basketball game. It is the first NBA arena to achieve LEED Platinum certification under LEED v4. Walter P Moore reduced embodied carbon in the concrete by over 20 percent by collaborating with the concrete supplier to obtain supply-chain-specific Environmental Produce Declarations for all concrete mixes; as a result, the concrete is 50 percent more energy efficient than required by the California Green Building Code.

The complex opened on budget and three months ahead of schedule in July 2024.

Congratulations, Walter P Moore, for capturing ACEC California’s 2025 Golden State Award!

Photographs of all Engineering Excellence Award-winning projects can be found at: 2025 Engineering Excellence Award Winners – American Council of Engineering Companies of California

About Walter P Moore
Walter P Moore is an international company of engineers, innovators, and creative people who solve some of the world’s most complex structural and infrastructure challenges. Providing structural, diagnostics, civil, traffic, parking, transportation, enclosure, technology consulting, and construction engineering services, they design solutions that are cost- and resource-efficient, forward-thinking, and help support and shape communities worldwide. Founded in 1931 and headquartered in Houston, Texas, Walter P Moore’s 900+ professionals work across 24 U.S. offices and seven international locations. For more information, visit www.walterpmoore.com, or follow Walter P Moore on LinkedIn, X (Formerly Twitter), Facebook or Instagram.

About ACEC California
ACEC California is a 70+ year-old, nonprofit association of private consulting engineering and land surveying firms. As a statewide organization, we are dedicated to enhancing the consulting engineering and land surveying professions, protecting the general public, and promoting use of the private sector professionals in the growth and development of our state. Follow us on Social Media: Instagram | Facebook | X (Formerly Twitter) | LinkedIn 

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SOURCE American Council of Engineering Companies, California

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