Distil Networks

Distil Networks

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

Distil's main product provides bot detection and mitigation. Distil also has corporate offices in London, England, Raleigh, North Carolina, Arlington, Virginia, and Stockholm, Sweden.

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 name was later changed to Distil Networks.

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.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.

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 raised an additional $21 million on June 30, 2015 in a Series B led by Bessemer Venture Partners to scale up its operations bringing their total financing to date to $44 million.

Technology

Distil Networks offers products which website owners can use to block web bots and reduce click fraud, web scraping, performance problems, etc. Its bot detection technology does real-time in-line traffic inspection to analyze more than 40 attributes of each visitor, building a fingerprint to identify each bot. Distil networks offers its solutions via a Content Delivery Network (CDN), physical or virtual appliances, or a Software Development Kit (SDK) for Native Applications.

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

Timeline

June 30, 2015

Series B funding round

The company raised an additional $21 million in a Series B led by Bessemer Venture Partners to scale up its operations.

May 28, 2014

Series A funding round

The company secured $10 million in Series A funding to help fund the growth and expansion of the company.

January 24, 2013

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

Funding rounds

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Investment
2 Results
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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

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Further reading

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Companies

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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

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