Imperva, a portfolio company of Thoma Bravo, has agreed to acquire Distil Networks, a provider of bot management solutions. Distil’s backers include Bessemer Venture Partners, Triangle Peak Partners, MI Ventures, Foundry Group, TechStars, ff Venture Capital, IDEA Fund Partners and Correlation Ventures.
REDWOOD SHORES, Calif.–(BUSINESS WIRE)–Imperva, Inc., the cybersecurity leader championing the fight to secure data and applications wherever they reside, today announced it has signed an agreement to acquire Distil Networks, the global leader in Bot Management. The acquisition reinforces Imperva’s market leadership in the application security market and furthers the company’s mission to protect business-critical data and applications no matter where or how they are deployed.
“Distil Networks is a globally recognized leader in automated attack mitigation, and this deal perfectly aligns with our vision of delivering best-in-class cybersecurity solutions that protect businesses throughout their cloud journey,” said Chris Hylen, CEO of Imperva. “Distil Networks gives us a comprehensive Bot Management solution that identifies, responds to and manages a full range of automated attacks no matter where these applications or APIs are deployed. We believe Imperva and Distil Networks will create the most comprehensive security platform on the market and we’re excited to make this available to our customers worldwide.”
Imperva provides a highly scalable, layered application security solution to protect companies’ most valuable assets and deliver security insights that businesses can act on. Imperva is a recognized leader in Gartner’s 2018 Magic Quadrant for Web Application Firewalls1, and is a leader in The Forrester Wave™: Web Application Firewalls, Q2 20182, The Forrester Wave™: DDoS Mitigation Solutions, Q4 20173 and The Forrester New Wave™: Runtime Application Self-Protection (RASP), Q1 20184.
From her research and depth of understanding of the application security market, Forrester VP and Research Director Amy DeMartine writes in the Forrester New Tech: Bot Management, Q3 2018 report that “bot management will become the predominant application defense.”5
An early innovator in mitigating automated attacks, Distil Networks is a leader in The Forrester New Wave™: Bot Management, Q3 2018. According to the report, “Distil Networks excels with robust detection, response, user interface and reporting.”6 Integrating Distil Networks with Imperva will provide customers with the critical elements they need [to provide a fully comprehensive, layered solution] to protect their applications and APIs.
“Bots are an evolving attack vector that has become a threat to all organizations, no matter the size or location,” said Tiffany Olson Kleeman, CEO of Distil Networks. “We have been leading the charge to find solutions to better understand, detect and mitigate automated attacks since 2011. Today’s announcement serves as a testament to the ingenuity and dedication of Distil Networks’ team over the past eight years to solve this problem for our customers. We are excited to enter into a new chapter with a company that shares our passion for protecting critical business applications and delivering best-in-class security solutions for all customers.”
Imperva is an analyst-recognized, cybersecurity leader on a mission to protect customers’ digital assets by accurately detecting and effectively blocking incoming threats, and empowering customers to manage critical risks, so they do not have to choose between innovating for their customers and protecting what matters most. At Imperva, we tirelessly defend your business as it grows, giving you clarity for today and confidence for tomorrow. Learn more about how Imperva is protecting the pulse of your business at www.imperva.com, our blog, or Twitter.