Distil Networks

Distil Networks

Distil Networks was an American cybersecurity company founded in 2011 and headquartered in San Francisco, California.

Distil Network's main product provided bot detection and mitigation. Publicly-traded cybersecurity company Imperva Inc. acquired Distil Networks in July 2019, integrating Distil's bot detection technology into their services.

History

Distil Networks, originally called Distil.it, was founded in April 2011 by Rami Essaid, Engin Akyol, and Andrew Stein, claiming to be the first website bot detection and mitigation solution of its kind. The company, formed in Arlington, Virginia, was later renamed to Distil Networks.

Initially the Distil Networks client base consisted largely of digital publishers concerned about their news content being stolen and re-used on competitors’ websites. However, due to the wide application of automation in website abuse, web application attacks, business logic attacks, and online fraud, Distil Networks soon branched into protecting other types of websites against malicious bots and threats they create.

Distil Networks was acquired by Imperva, a US-based publicly traded cybersecurity company, in July 2019. Distil was Imperva's just fifth acquisition since being founded in 2002, highlighting the growing rise of bots use in web applications and cybercrime.

Funding

Key investors in Distil Networks include Bessemer Venture Partners, Foundry Group, ff Venture Capital, Techstars, IDEA Fund Partners, Militello Capital, CIT GAP Funds, and Correlation Ventures.

Distil participated in the Class 13 - Cloud 2012 Winter cohort of Techstars and raised an estimated $59,048,000.

The company has also raised capital through seed money rounds, including individual investors contributing more than $200,000 in one week via AngelList. On May 28, 2014, the company secured $10 million in Series A funding to help fund the growth and expansion of the company. The series, led by Foundry Group and Techstars, added Ryan McInTyre of Foundry Group and David Cohen of Techstars to Distil's board of directors.

Bessemer Venture Partners (BVP) led Distil's Series B funding round, which completed with $21 million USD raised. Distil Networks announced a $21 million USD Series C funding round on August 2, 2016. The Series C round included funding from Silicon Valley Bank and additional funds from Bessemer Venture Partners, Foundry Group and Techstars.

Technology

Distil Networks offered products that website owners used to block web bots and reduce click fraud, web scraping, performance problems, etc. Its bot detection technology processed real-time in-line traffic inspection to analyze more than forty attributes of each visitor, building a fingerprint to identify each bot. Distil networks offered its solutions via a Content Delivery Network (CDN), physical or virtual appliances, or a Software Development Kit (SDK) for Native Applications.

Timeline

August 2, 2016
Distil Networks raises a $21,000,000 series C round from Bessemer Venture Partners.
June 30, 2015
Distil Networks raises $21,000,000 in its Series B funding round, led by Bessemer Venture Partners.
May 28, 2014
Distil raises $10,000,000 in Series A funding round, led by Foundry Group and Techstars.

As a result, Ryan McInTyre of Foundry Group and David Cohen of Techstars join the company's Board of Directors.

January 24, 2013
Distil Networks raises a $1,800,000 seed round from IDEA Fund Partners, Techstars and Cloud Power Capital.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Distil Networks seed round, January 2013
1,800,000
January 24, 2013
3 Results
Results per page:
Page 1 of 1

People

Name
Role
LinkedIn

Adam Metz

Employee

AJ Brown

Advisor

Alex Euler

Investor

Alexa Fischer

Investor

Amer Rehman

Investor

Andrew Stein

Co-founder

Ari Newman

Investor

Carlo Martinez

Employee

Casey Hammontree

Investor

Charlie Minesinger

Employee

Courtney Cleaves Brady

Employee

Craine Runton

Employee

Darya Borovska

Employee

David Lambert

Investor

David Teten

Investor

Dominick Fuccillo

Employee

Elias Terman

Employee

Engin Akyol

Co-founder

Glen Caplan

Attorney

Ian Morgan

Employee

Ilyssa Goldfarb

Employee

J Phillips

Investor

Jared Slosberg

Investor

Jason Farber

Employee

Jason Seats

Investor

Page 1 of 3

Further reading

Title
Author
Link
Type
Date

Documentaries, videos and podcasts

Title
Date
Link

Companies

Company
CEO
Location
Products/Services

News

Title
Author
Date
Publisher
Description
Ron Miller
June 4, 2019
TechCrunch
Last week four security companies changed hands. The shopping spree continued this week with CDN company Imperva announcing it was buying bot mitigation startup Distil Networks. The companies did not share the acquisition price. Imperva CTO Kunal Anand says his company had a narrow bot capability, but was looking to bring a more complete solution [...]

References

Golden logo
Text is available under the Creative Commons Attribution-ShareAlike 4.0; additional terms apply. By using this site, you agree to our Terms & Conditions.