Dyn (company)

Dynamic Network Services, Inc.
Subsidiary
Founded 2001 (2001)
Founders
Headquarters Manchester, New Hampshire, U.S.
Key people
Products Internet intelligence, data traffic management, domain registration, dynamic DNS, geodns
Parent Oracle Corporation
Website dyn.com

Dyn, Inc. (pronounced /ˈdaɪn/) is an Internet performance management company, offering products to monitor, control, and optimize online infrastructure, and also domain registration services and email products. The company was acquired by Oracle Corporation in 2016.

History

Dyn was created as a community-led student project by Jeremy Hitchcock, Tom Daly, Tim Wilde and Chris Reinhardt during their undergraduate studies at Worcester Polytechnic Institute.[1] Originally, Dyn enabled students to access lab computers and print documents remotely. The project then moved towards domain name system (DNS) services. The first iteration was a free dynamic DNS service known as DynDNS.[2] The project required $25,000 to stay open, and raised over $40,000.[2]

The donation based model continued until 2002, and stopped with a launch of "donator-only" DNS services.[3] Later, a premium service called the DynECT Managed DNS Platform became available in 2008.,[4] with the hiring of Kyle York, Gray Chynoweth and Cory von Wallenstein, as the business began to scale.

In 2011, Dyn opened an office in London, and it eventually moved its EMEA headquarters to Brighton.[5] In the same year, Dyn opened its new headquarters in Manchester, New Hampshire, United States.[6]

In October 2012, Dyn completed a Series A round of venture capital funding totaling US$ 38 million from North Bridge Venture Partners.[7] Prior to the investment from North Bridge, the company had been self funded.[8]

In August 2013, Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry.[9]

In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7.[10][11]

In September 2014, Dyn launched Dyn Internet Intelligence, a SaaS-based product.[12]

In May 2016, Dyn obtained further equity funding of US$50 million from Pamplona Capital Management.[13] Also in May 2016, Dyn launched its platform for internet performance management.[13]

In October 2016, Colin Doherty was appointed the company’s CEO.[14]

On November 21, 2016, Dyn announced that it had agreed to be acquired by Oracle Corporation for 600 million USD.[15][16]

2016 attack

On 21 October 2016, Dyn's networks were attacked three times with a distributed denial-of-service attack, causing major sites including Twitter, Reddit, GitHub, Amazon.com, Netflix, Spotify, Runescape, and Dyn's own website, to become unreachable via the Uniform Resource Locator but most sites were available via IP address manually or through a maintained /etc/hosts file.[17][18][19]

Dyn Acquisitions

See also

References

  1. ↑ "Worcester Polytechnic Institute School of Business". Worcester Polytechnic Institute. Retrieved 1 August 2013.
  2. 1 2 Keohane, Dennis. "King of the North – Dyn’s Jeremy Hitchcock is building the pillar company of New England". The Boston Globe.
  3. ↑ "Dynamic DNS Network Services -- Corporate -- Evolutionary Changes at DynDNS.org". 2002-10-05. Retrieved 2016-12-31.
  4. ↑ Marsan, Carolyn. "Migrating to cloud computing? Don't forget DNS". NetworkWorld.
  5. ↑ Munford, Monty. "Brighton tech scene moves beyond local startups". The Telegraph. Retrieved 31 December 2013.
  6. ↑ Bort, Julie. "Dyn Is Turning New Hampshire Into A Startup Wonderland". Business Insider. Retrieved 31 December 2013.
  7. ↑ "Why Jeremy Hitchcock Waited 11 Years To Raise $38 Million". Retrieved 2015-10-05.
  8. ↑ Alspach, Kyle (Oct 2, 2012). "Dyn raises $38M in VC, gets Jason Calacanis on its board". Boston Business Journal. Retrieved October 2, 2012.
  9. ↑ "Should You Host A User Conference?". Forbes.
  10. ↑ Hutchinson, Lee. "Dyn discontinues free DynDNS service to clean up its DDNS network". ars technica.
  11. ↑ Hitchcock, Jeremy. "Why We Decided To Stop Offering Free Accounts". Dyn.com.
  12. ↑ Rayburn, Dan. "Dyn Launches Internet Intelligence Tool With Unique Perspective On iOS 8 Internet Impact". Streaming Media.
  13. 1 2 Dyn Secures $50 Million in Series B Equity Funding to Expand Global Internet Performance Management Market Opportunity, Announces New Platform Offering
  14. ↑ Dyn Announces Colin Doherty As New CEO
  15. ↑ "Oracle acquires DNS provider Dyn, subject of a massive DDoS attack in October". TechCrunch. AOL Inc. Retrieved 21 November 2016.
  16. ↑ "Oracle acquires DNS provider Dyn for $600 million USD". Lock SSL. Retrieved 24 November 2016.
  17. ↑ Krebs, Brian. "DDoS on Dyn Impacts Twitter, Spotify, Reddit — Krebs on Security". krebsonsecurity.com. Retrieved 21 October 2016.
  18. ↑ "Massive web attacks briefly knock out top sites". BBC News. 21 October 2016. Retrieved 21 October 2016.
  19. ↑ Younas, Adeel (21 October 2016). "Internet outage takes down Twitter, Netflix, PayPal and many of the web's most visited websites - The Tech". The Tech. The Tech.
  20. ↑ "EveryDNS". CrunchBase.
  21. ↑ "EditDNS". CrunchBase.
  22. ↑ "SendLabs". CrunchBase.
  23. ↑ "United States : Dyn Acquires SEO/SEM & Ecommerce Development Arm of Incutio LTD". High Beam Research.
  24. ↑ "TZO". CrunchBase.
  25. ↑ "Verelo". CrunchBase.
  26. ↑ "Trendslide". CrunchBase.
  27. ↑ Keohane, Dennis. "Dyn Acquires ReadyStatus - Makes Its Innovative Internet Performance Solution Even Better". VentureFizz. Retrieved 23 December 2013.
  28. ↑ "Nettica". CrunchBase.
  29. ↑ Lardinois, Frederic (21 May 2014). "Dyn Acquires Internet Intelligence Service Renesys". TechCrunch. Retrieved 21 May 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.