On Wednesday, quickly growing Arlington, Va.-based cybersecurity firm Distil Networks announced the acquisition of ScrapeSentry, a 14-person Swedish cybersecurity startup that manually monitors complex networks for malicious bot-centric, internet attacks from hackers. The opportunistic acquisition, CEO Rami Essaid tells DC Inno, was made to add expertise for the creation of an add-on feature that translates into a comprehensive security product.
As a result of the move, the 14-person ScapeSentry team will join Distil Networks and begin building a product that fuzes Distil's data science approach to monitoring internet traffic with their own monitoring techniques. Notable ScapeSentry clients, including U.S.-based online used car marketplace AutoTrader and British online gaming platform Ladbrokes, will now become Distil Network customers.
In addition, Distil Networks will command the company's office in Stockholm, Sweden. The Europe-based office will be Distil Network's 5th overall and also their 2nd in the region after the establishment of a sales office in London last year.
Essaid said that the Sweden office offered a valuable asset because it meant that the company would have an in-house technical support staff available at any hour of the day to assist clients in realtime.