Distil (TechBUZZ ’11 Fall) Networks Announces $21M in Funding Led By Bessemer Venture Partners
San Francisco, CA –June 30, 2015 – Distil Networks, Inc., the global leader in bot detection and mitigation, today announced that it has closed a $21 million round of Series B financing. New investor Bessemer Venture Partners (BVP) led this round, with participation from current investors Foundry, TechStars, ff Venture Capital, Idea Fund and Correlation Ventures. David Cowan, partner at BVP and co-founder of VeriSign, Good Technology and Defense.net, will join Distil’s board of directors. Funding will be used to expand sales, marketing, and engineering. Distil’s total funding is $38 million to date.
Read the release here.