Arlington start-up Distil Networks buys a Swedish company

January 14, 2016

Distil Networks, an Arlington-based cybersecurity start-up that has raised $44 million from venture capitalists since its founding in 2011, said Wednesday it is buying ScrapeSentry, a Swedish competitor.

Chief executive Rami Essaid wouldn’t disclose the size of the cash-and-stock deal, but said it was between $2 and $10 million.

“We definitely made a big bet, but it seemed like it made a lot of sense,” Essaid said.

Both start-ups make their money detecting “bots;” computer programs that perform simple tasks over and over again at superhuman speed. Hackers use such programs to continually probe the external walls of a company’s network for vulnerabilities. So-called “brute force attacks” can use bots to crack password encryption by rapidly guessing millions of keystroke combinations until one clicks into place. And websites that profit from click-hits will sometimes employ bots to falsely inflate web traffic, to the outrage of advertisers.

Read the Article

Previous Article
Ad Fraud Can Learn From Credit Card Fraud: OpenX's Cadogan
Ad Fraud Can Learn From Credit Card Fraud: OpenX's Cadogan

Ad Fraud Can Learn From Credit Card Fraud: OpenX's Cadogan

Next Article
Distil gets into a Scrape to boost bot defences
Distil gets into a Scrape to boost bot defences

Distil Networks has bought managed security services provider ScrapeSentry in order to step up its fight ag...