Yesterday, we said that Distil had raised VC funding from Piedmont RIA (read here). Actually, that investment had part of a $1.8m seed round.
The investment was led by ff Venture Capital, with participation from Correlation Ventures, Idea Fund Partners, CIT, Piedmont RIA, Cloud Power Fund, and TechStars. In conjunction with the funding, John Frankel, Partner at ff VC, joined Distil’s board.
Led by co-Founder and CEO Rami Essaid, Distil offers a premium, cloud-based enterprise service that protects website content distinguishing search engines and human visitors from malicious bots while accelerating website performance using their global Content Protection Network (CPN).
The company, which completed the inaugural TechStars Cloud class in early 2012, serves several online verticals including social media, e-commerce, travel, digital publishing, and directories.
FinSMEs
25/01/2013