Thursday, January 24, 2013

IDEA Fund Partners Completes Follow-on Investment in Distil.it


CED Mentor Partner IDEA Fund Partners today announced a follow-on investment in Arlington, VA-based Distil.it, a cloud-based company that provides protection for website content. 

Distil.it secured $1.8 million in series-seed funding. The round was led by ff Venture Capital with participation from Correlation Ventures, IDEA Fund Partners, CIT, Piedmont RIA, Cloud Power Fund, and TechStars.  

Distil offers a premium, cloud-based enterprise service that protects website content from scraping and malicious bots while accelerating website performance using their global network. Since completing the inaugural TechStars Cloud class in early 2012, the company has rapidly grown its customer base across some of tech’s most lucrative online verticals including social media, e-commerce, travel, digital publishing, and directories.

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