Rami Essaid

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Rami Essaid
Born May 30, 1983
Damascus, Syria
Alma mater North Carolina State University
Occupation Entrepreneur
Known for Founder of Distil Networks

Rami Essaid (born May 30, 1983) is a Syrian-born American entrepreneur and software engineer, and is the founder and CEO of Distil Networks.

Life and career

Essaid grew up in Cary, North Carolina. He attended North Carolina State University.

His first entrepreneurial venture was Chit Chat Communications, which he sold a year after he graduated from college.[1] He then worked as a consultant in the mobile development industry.[2]

In April 2011 he founded Distil.it along with Engin Akyol and Andrew Stein as the first 100% cloud-based website content protection network.[3] The name of the company was later changed to Distil Networks. In December 2012, he led a round of fundraising for $1.8 million and added $200,000 in March 2013 from AngelList’s ‘Invest’ service in less than one week.[4]

In 2012 Essaid pitched at the annual SXSW Interactive HATCH Pitch competition where he was named the winner. In 2013 he served as a judge for the competition.[5]

In December 2012 he was awarded Under30CEO: 14 Young Entrepreneurs to Watch in Washington, D.C.[6]

In August 2013, Essaid debated the issue of how non-compete agreements stifle innovation on Money with Melissa Francis on Fox Business. CEO Bob Marsh of LevelEleven was the counter to Rami.[7]

On May 28, 2014, Distil Networks secured $10 million in Series A funding in a round led by Foundry Group and TechStars' Bullet Time Ventures, with ff Venture Capital, IDEA Fund Partners, and Militello Capital also joining.[8] The funding will be used to support the company's ongoing efforts to eliminate bad bots and allow the company to grow as they expand offices to Raleigh, North Carolina, and San Francisco, California.

References

  1. "Rami Essaid". Rackspace. August 14, 2012. http://www.rackspace.com/blog/straight-up-startupfeaturing-rami-essaid-ceo-and-co-founder-of-distil-inc/. 
  2. "Stop Bots With Detection & Removal - Distil Networks". http://www.distilnetworks.com/about/. 
  3. Reuven Cohen (October 23, 2012). "Getting Plugged Into the Silicon Valley Startup Scene". Forbes. https://www.forbes.com/sites/reuvencohen/2012/10/23/getting-plugged-into-the-silicon-valley-startup-scene/. 
  4. Wilhelm, Alex (March 15, 2013). "Distil Raised $200k Through AngelList's Invest Service". https://thenextweb.com/insider/2013/03/15/angellists-invest-service-helps-distil-networks-add-200k-to-its-1-8m-round-in/. 
  5. "Archived copy". Archived from the original on November 30, 2013. https://web.archive.org/web/20131130010043/http://www.hatchpitch.com/2013/where-are-they-now/hatch-2012-winner-distil-it-receives-1-8m-in-seed-financing/. Retrieved 2013-11-22. 
  6. "Under30CEO Awards: 14 Young Entrepreneurs to Watch in Washington, D.C.". December 3, 2012. http://under30ceo.com/under30ceo-awards-14-young-entrepreneurs-to-watch-in-washington-d-c/. 
  7. "Do Non-Compete Agreements Stifle Innovation?". August 20, 2013. http://video.foxbusiness.com/v/2619366929001/do-non-compete-agreements-stifle-innovation/. 
  8. "Distil Networks Secures $10 Million in Series A Funding from Foundry Group and Techstars to Battle Malicious Bots". http://www.businesswire.com/news/home/20140528005154/en/Distil-Networks-Secures-10-Million-Series-Funding#.U7FnkI1dVUM/.