Distil.it Closes $1.8 Million Series-Seed Investment Led by ff Venture Capital

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ARLINGTON, Va., Jan. 24, 2013 (GLOBE NEWSWIRE) -- Distil.it
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=1&a=Distil.it&u=http%3A%2F%2Fwww.distil.it%2F
, the first cloud-based, intelligent gatekeeper for website content protection, announced today
that it has 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.

"Companies don't realize that their websites are being attacked everyday. That they are losing
money and sensitive information to web scraping and bot attacks," says John Frankel, Partner at ff
VC, who joins Distil's board. "Distil.it has proven with top companies, such as cult of mac, that
their product can effectively block these attacks, stop the loss of data and enhance revenues."

Distil's Content Protection Network (CPN) protects a business' web visitors, search engine
ranking, and consequently website revenue by making real-time decisions on the validity of each
website connection through patent-pending algorithms. Distil's platform seamlessly distinguishes
search engines and human visitors from malicious bots and harmful traffic with no false positives.
In addition, the Distil service accelerates content, improving page load times and reducing server
load.

"Rami Essaid is a dynamic CEO. He is a true visionary with demonstrated business, as well as
technical skills," says Lister Delgado, Director of Distil and Managing Partner at IDEA Fund
Partners.

A content protection visionary, Distil Co-Founder and CEO Rami Essaid has been recognized as a '30
under 30
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=6&a=%2730%20under%2030&u=http%3A%2F%2Funder30ceo.com%2Funder30ceo-awards-%2F
' and one of Fourteen Entrepreneurs to Watch by Under30CEO. "We saw a fundamental flaw in how data
was shared on the internet; it was the wild west with bots harvesting and stealing anything they
wanted to," says Rami Essaid. "Our vision is to allow website owners to regain control of their
data and stop bots from menacing the web."

Research conducted by Distil indicates that the total web scraping defense market exceeds 1.8
Billion dollars annually. Gartner Research confirms the tremendous opportunity ahead for Distil
and their Content Protection Network, asserting, "Demand for Web fraud detection software and
services are at an all-time high." Gartner Research estimates that the web-fraud market grew by
35% between 2010 and 2011.

For more information please visit distil.it
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=8&a=distil.it&u=http%3A%2F%2Fwww.distil.it%2F

About Distil.it

Distil is the leading Content Protection Network (CPN) and the first cloud-based, intelligent
gatekeeper for website content. Distil's CPN makes real-time decisions and seamlessly
distinguishes human visitors from malicious bots. Distil mitigates against duplicate content,
improves SEO power, and accelerates the end-user experience - all while reducing server load and
infrastructure demand.

Distil's mission is to provide enterprise class protection safeguarding commercial and individual
content producers. Protect your content, your brand, and your revenue without impacting your
end-user experience.

For more information, visit distil.it and follow us on Twitter @distil.

About ff Venture Capital

ff Venture Capital (ffvc.com) is an institutional venture capital investor in seed-stage
companies. Since 1999, our Partners
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=14&a=Partners&u=http%3A%2F%2Fffvc.com%2Fteam%2F
have made over 160 investments in over 55 companies
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=14&a=companies&u=http%3A%2F%2Fffvc.com%2Fcompanies
. Our exits include Cornerstone OnDemand (IPO, CSOD) and Quigo Technologies (sold to AOL for a
reported $340m). ffVC has a dozen employees based in New York and New Jersey and extensive
resources
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=14&a=resources&u=http%3A%2F%2Fffvc.com%2Fresources
dedicated to portfolio acceleration, including strategy consulting, an experienced mentor
network, recruiting assistance, a pool of preferred service providers, an executive portfolio
community, and in-house accounting services.

About IDEA Fund Partners

Headquartered in Durham, NC, IDEA Fund Partners provides seed and early stage equity funding along
with company building expertise to IT, software, materials technologies and medical device
companies in the Southeast and Mid-Atlantic regions. Currently investing out of its first fund,
IDEA Fund Partners has invested in fourteen companies since 2007. Learn more at
www.ideafundpartners.com
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=16&a=www.ideafundpartners.com&u=http%3A%2F%2Fwww.ideafundpartners.com%2F
. For IDEA Fund Partners press inquiries please contact: Matt Barber by email at
mbarber@ideafundpartners.com
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=16&a=mbarber%40ideafundpartners.com&u=mailto%3Ambarber%40ideafundpartners.com
, or phone 919-941-5600 x104.

For press inquiries please contact: Jocelyn DeGance Graham by email at jocelyn@cloud-now.org
http://www.globenewswire.com/newsroom/ctr?d=10018693&l=17&a=jocelyn%40cloud-now.org&u=mailto%3Ajocelyn%40cloud-now.org
, or phone 408-568-3251.

CONTACT: Jocelyn DeGance Graham
jocelyn@cloud-now.org
408-568-3251