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6Apr/120

CIT GAP Funds Invests in Distil, Inc.


Herndon, VA (PRWEB) February 07, 2012

The Center for Innovative Technology (CIT) announced today a $ 100,000 investment in Falls Church, Va.-based Distil, Inc. Distil is a cloud-based software as a service company that protects online content from malicious bots, web scrapers, and harmful traffic; preserving search engine optimization (SEO) rankings, protecting proprietary digital content, and improving advertising revenue.

Distils Content Protection Network (CPN) allows passing web traffic to filter through a series of algorithms that distinguish legitimate search engines and user traffic from malicious traffic and other destructive attacks. Using these algorithms, Distils network can make decisions regarding the validity of each user in real-time, enabling content creators to transparently protect and control the distribution of their content.

CIT President and CEO Pete Jobse said, Distils cloud-based solution offers a barrier against the theft of proprietary online content a challenge facing many of todays businesses. Our investment demonstrates our commitment to funding entrepreneurs with an ambition to develop technologies that solve these challenges.

A key feature of Distils CPN includes simple integration, thus allowing for only one configuration change to occur before a client is able to use the software exclusively for their website. Operating in the cloud, Distil incorporates intelligent adaption allowing the aggregate data to distribute across all clients, efficiently adjusting algorithms to block new forms of data attacks. This immediate data push shields companies from dangerous cyber security threats instantaneously. Additionally, Distils cloud application accelerates the delivery of content through connection points that are closest to the end user, as a result improving page load times and reducing stress on client infrastructure. Distils platform also allows for each client to customize every aspect of the service to meet their specific needs.

Distil provides dynamic analytic filters and real-time data updates to ensure that our product is the most powerful solution against these types of threats. Our advanced software architecture, also allows us to offer denial of service (DoS) protection and content acceleration, said Rami Essaid, Distil Founder and CEO.

Tom Weithman, CIT Vice President and GAP Funds Managing Director, said, CIT GAP Funds has tremendous belief in Rami and his ability to execute on the Distil vision. This company is an outstanding example of emerging security technologies that we have in the Commonwealth.

Since its 2005 launch, CIT GAP Funds has placed over 50 investments across the Commonwealth, deploying more than $ 5M of public funds and attracting $ 16 dollars of private funding for every $ 1 of public money invested. (For a list of portfolio companies, please visit the GAP Funds website.)

Learn more about Distil, Inc. by visiting their website and following them on Facebook and Twitter.

About the Center for Innovative Technology, http://www.cit.org

CIT is a nonprofit corporation that accelerates the next generation of technology and technology companies. CIT creates new technology companies through capital formation, market development and revenue generation services. To facilitate national innovation leadership and accelerate the rate of technology adoption, CIT creates partnerships between innovative technology startup companies and advanced technology consumers.

About the CIT GAP Funds, http://www.citgapfunds.org

CIT GAP Funds makes seed-stage equity investments in Virginia-based technology, clean tech and life science companies with a high potential for achieving rapid growth and generating significant economic return for entrepreneurs, co-investors and the Commonwealth of Virginia. CIT GAP Funds investments are overseen by the CIT GAP Funds Investment Advisory Board (IAB). This independent, third-party panel consists of leading regional entrepreneurs, angel and strategic investors, and venture capital firms such as: New Enterprise Associates, Grotech Ventures, Valhalla Partners, Harbert Venture Partners HIG Ventures, Edison Ventures, In-Q-Tel, Intersouth Partners, SJF Ventures, Carilion Health Systems, Johnson & Johnson, General Electric, and Alpha Natural Resources.

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