Distil Networks Rounds Out Executive Team with New Hires

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Former Executives from Shape Security, OneLogin and Xoom Join Leading Bot Detection and Mitigation Company as Growth Soars

Distil Networks, Inc., the global leader in bot detection and mitigation, today announced it has made three new executive hires. Matt Hibbard has joined as Chief Financial Officer, Kent Rounds has joined as Executive Vice President of Sales and Jason Hollander has joined as Vice President of Customer Success.

“We are on an incredible trajectory in terms of product innovation, revenue and talent,” said Rami Essaid, co-founder and CEO of Distil. “Matt, Kent and Jason all have extensive experience with high-growth startups and with them, we will be able to continue to grow the company, expand our reach, and provide more value to our customers.”

Matt Hibbard joins Distil Networks as Chief Financial Officer. Matt has held various finance leadership positions, most recently as CFO for Xoom, a leading money transfer provider, purchased by PayPal earlier this year. At Xoom, he built the company's finance function to scale for growth and an initial public offering. Prior to Xoom, he served as Controller at OpenTable where he was instrumental in building out international finance, integrating various acquisitions, as well as an initial public offering. He started his career at Ernst & Young. Hibbard will oversee corporate finance, accounting and human resources.

Kent Rounds joins Distil Networks as EVP of Worldwide Sales. Rounds has more than 25 years of sales and leadership experience in the cyber security market. In his most recent role as VP of Sales at Shape Security, he was responsible for driving sales and growth of the sales team. Prior to Shape Security, Rounds spent over 15 years as an executive sales leader at McAfee (now Intel Security). Rounds will be focused on the development and execution of sales strategies, enterprise account management, continued growth of the sales organization, and investments in strategic alliances.

Jason Hollander joins Distil Networks as VP of Customer Success bringing with him over 20 years of experience, including executive level positions at OneLogin and RSA, as well as consulting for a wide variety of Fortune 500 companies. Hollander’s responsibilities include optimizing and scaling the solutions engineering, implementation, and customer success teams. His primary goal is to make sure each customer is gleaning maximum value from their investment in Distil.

Bots make up nearly 60 percent of all web traffic and are an increasingly popular platform used by hackers and fraudsters to carry out web scraping, brute force attacks, competitive data mining, online fraud, account hijacking, unauthorized vulnerability scans, spam, man-in-the-middle attacks, digital ad fraud, and downtime. Distil offers the first easy and accurate way to defend websites against these malicious bots -- without impacting legitimate users. By monitoring each page request and building a fingerprint of each incoming connection, Distil allows customers to accurately detect bots in real time and then provides options to mitigate the attack.

About Distil Networks
Distil Networks, the global leader in bot detection and mitigation, is the first easy and accurate way to identify and police malicious website traffic, blocking 99.9% of bad bots without impacting legitimate users. Distil protects against web scraping, brute force attacks, competitive data mining, online fraud, account hijacking, unauthorized vulnerability scans, spam, man-in-the-middle attacks, digital ad fraud, and downtime. Slash the high tax that bots place on your internal teams and web infrastructure and make your online applications more secure with API security, real-time threat intelligence, a 24/7 security operations center, and complete visibility and control over human, good bot, and bad bot traffic. For more information on Distil Networks, visit us at http://www.distilnetworks.com or follow @DISTIL on Twitter.

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Jim Dvorak
Distil Networks Inc.
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