Distil Raises $21 Million to Secure the Web Against Attacks

June 30, 2015

As the world increasingly transacts a greater proportion of its business via the web, there is a corresponding increase in attacks against those sites. The sad reality is that malicious activity scales at a similar rate as the legitimate use of a technology increases - as more stuff happens on the web, more bad stuff happens also.

It is for this reason that the growth in investment in the security space is positive. All of these new players have the potential to democratize high-quality security services so that all organizations, large and small, can protect against attack.

One example of that funding is Distil Networks, a bot detection and mitigation company that is announcing a $21 million Series B funding round today. The round was led by new investor Bessemer Venture Partners with participation from current investors Foundry, TechStarsff Venture Capital, Idea Fund, and Correlation Ventures. This round takes total funding for Distil to $38 million to date.

Read the Article

Previous Article
Distil Networks Raises $21 Million To Protect AOL, Staples And Others From Bots
Distil Networks Raises $21 Million To Protect AOL, Staples And Others From Bots

Distil Networks has raised $21 million to make the Web a better place. The Series B was led by Bessemer Ven...

Next Article
Arlington Cybersecurity Firm Raises Millions to Battle Bots
Arlington Cybersecurity Firm Raises Millions to Battle Bots

Cybersecurity firm Distil Networks raises $21 million Series B from Bessemer Venture Partners, TechStars, F...