Type Subsidiary | Website dyn.com Founded 2001 | |
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Founders Tom DalyJeremy HitchcockChris ReinhardtTim Wilde Key people Colin Doherty (CEO)Kyle York (CSO) Profiles | ||
Dyn, Inc. ( /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.
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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. 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. The project required $25,000 to stay open, and raised over $40,000.
The donation based model continued until 2002, and stopped with a launch of "donator-only" DNS services. Later, a premium service called the DynECT Managed DNS Platform became available in 2008., with the hiring of Kyle York, Gray Chynoweth and Cory von Wallenstein, as the business began to scale.
In 2011, Dyn opened an office in London, and it eventually moved its EMEA headquarters to Brighton. In the same year, Dyn opened its new headquarters in Manchester, New Hampshire, United States.
In October 2012, Dyn completed a Series A round of venture capital funding totaling US$ 38 million from North Bridge Venture Partners. Prior to the investment from North Bridge, the company had been self funded.
In August 2013, Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry.
In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7.
In September 2014, Dyn launched Dyn Internet Intelligence, a SaaS-based product.
In May 2016, Dyn obtained further equity funding of US$50 million from Pamplona Capital Management. Also in May 2016, Dyn launched its platform for internet performance management.
In October 2016, Colin Doherty was appointed the company’s CEO.
On November 21, 2016, Dyn announced that it had agreed to be acquired by Oracle Corporation for 600 million USD.
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.