Attributes 872 percent revenue growth to greater awareness of the business impact of malicious bots
SAN FRANCISCO, Nov. 15, 2018 (GLOBE NEWSWIRE) -- Distil Networks, the global leader in bot mitigation, today announced it ranked 131 on Deloitte’s Technology Fast 500™, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America. Distil grew over 872 percent during this period.
Distil’s chief executive officer, Tiffany Olson Kleemann, credits early market entry and growing public awareness with the company’s 872 percent revenue growth. She said, “Founded in 2011, Distil was at the forefront of the bot problem before bots were part of everyday discourse, particularly surrounding social media and election meddling. We’re the experts at protecting websites, mobile apps, and APIs from automated attacks. We’re honored to be listed among so many esteemed and innovative companies solving some of today’s most challenging security and business problems.”
Overall, 2018 Technology Fast 500™ companies achieved revenue growth ranging from 143 percent to 77,260 percent from 2014 to 2017, with median growth of 412 percent.
About Deloitte’s 2018 Technology Fast 500™
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2014 to 2017.
In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD, and current-year operating revenues of at least $5 million USD. Additionally, companies must be in business for a minimum of four years and be headquartered within North America.
About Distil Networks
Distil Networks, the global leader in bot mitigation, protects websites, mobile apps, and APIs from automated threats. Fraudsters, hackers, and competitors use bots to commit online fraud, break into customer accounts, and gain an unfair competitive advantage. As the sheer volume, sophistication, and business damage of these attacks grow, bots put a costly strain on IT staff and resources. Only Distil’s unique, more holistic approach provides the vigilant service, superior technology, and industry expertise needed for full visibility and control over this abusive traffic. The Distil team pioneered bot mitigation in 2011, and has been leading the way ever since. With Distil, there is finally a defense against automated attacks that is as adaptable and vigilant as the threat itself.
For more information on Distil, visit https://www.distilnetworks.com/block-bot-detection/ or follow @DISTIL on Twitter.