Distil Networks raises $21M

What does Distil Networks do?

Distil Networks, is the global leader in mitigation and bot detection. The company is focused on stopping automated attacks so the web is more secure. The company is offering the 1^st SaaS solution which is focused on stopping automated attacks for making the web more secure. It acts as a protective shield and blocks malware, malicious bots, and competitors which try to copy or scrape website data without permission. With this network users can eliminate form spam and click fraud, prevent web scraping, lower infrastructure prices, and regain your competitive advantage.

How much Distil Networks was funded?

The company raised $21M in Series C on August 2, 2016 from Techstars, Bessemer Venture Partners, Foundry Group and Silicon Valley Bank.

Previous funding

$400k on January 1, 2012 from CIT GAP Funds, Dingman Center Angels, Techstars, Techstars Ventures and IDEA Fund Partners.

Undisclosed amount on January 1, 2012 from Techstars, Right Side Capital Management and Techstars Ventures

$300k on August 20, 2012 from Cloud Fund Partners

$1.8M on January 24, 2013 from Techstars, ff Venture Capital, IDEA Fund Partners, Dingman Center Angels, Cloud Power Capital and Techstars Ventures.

$200k on March 18, 2013 from ff Venture Capital

Undisclosed amount in Series A on November 4, 2013 from ff Venture Capital, Correlation Ventures, Social Leverage

$1.35M on January 2, 2014

$10M in Series A on May 27, 2014 from Foundry Group, Militello Capital, Techstars Ventures, IDEA Fund Partners,  ff Venture Capital, Techstars and Correlation Ventures.

$3M on February 2, 2015 from Square 1 Bank

$21M in Series B on June 30, 2015 from Bessemer Venture Partners, Techstars, Investors Foundry, IDEA Fund Partners, ff Venture Capital,  Correlation Ventures,  Techstars Ventures, Bullet Time Venture Partners and Foundry Group

What is next for Distil Networks?

The company plans on using the latest funding raised for bolstering global marketing and sales efforts, doubling the current workforce and strengthening core offerings.

More about Distil Networks

Distil Networks was founded on April 1, 2011 by Engin Akyol, Andrew Stein, Sean Harmer and Rami Essaid. It has its headquarters in Arlington, Virginia.