Imperva has agreed to acquire bot management provider Distil Networks. The deal is intended to strengthen Imperva's position in the application security market and develop its security tools.
Arlington, Va.-based Distil Networks, founded in 2011, has developed a bot detection and mitigation tool designed to identify and respond to a range of automated attacks against enterprise applications and APIs. Imperva wants to integrate this tech into its own application security tool, which aims to protect business data and applications wherever they're deployed.
This marks the fifth acquisition for Imperva, and its first since the security company was purchased by Thoma Bravo in October 2018. Following that deal, valued at $2.1 billion, Imperva continued to run as a privately held company from its Redwood Shores, Calif., headquarters.
Imperva officials did not share the price of Distil Networks, a late-stage venture company that most recently completed its Series C round and has raised a total of $59 million in funding.
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