Dyn (company)

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This recent event may be affected by the following current event: October 2016 Dyn cyberattack. Information in this recent event may change rapidly as the event progresses. Initial news reports may be unreliable. The last updates to this recent event may not reflect the most current information. (October 2016)

Dyn

Type	Corporation
Founded	2001
Founder	Jeremy Hitchcock
Headquarters	Manchester, New Hampshire, United States
Key people	Colin Doherty (CEO)
Products	Internet intelligence, data traffic management, domain registration, dynamic dns, geodns
Website	dyn.com

Dyn DNS Company (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.

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 a premium service called the DynECT Platform became available in 2008.^[3]

Timeline of events

In 2011, Dyn opened an office in London, UK - it eventually moved its EMEA headquarters to Brighton, UK.^[4] It was also in 2011 that Dyn opened its new Manchester, NH headquarters.^[5]
In October 2012, Dyn completed a Series A round of venture capital funding totaling US$ 38 million from North Bridge Venture Partners.^[6] Prior to the investment from North Bridge, the company had been self funded.^[7]
In August 2013, Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry.^[8]
In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7.^[9]^[10]
In September 2014, Dyn launched Dyn Internet Intelligence, a SaaS-based product.^[11]
In May 2016, Dyn completed a Series B round of growth equity funding totaling US$ 50 million from Pamplona Capital Management.
In May 2016, Dyn launched its Platform for Internet Performance Management.
In October 2016, Dyn announced the appointment of Colin Doherty as the company’s Chief Executive Officer. Doherty joined Dyn after 10 years of holding CEO positions at software-defined networking (SDN) leader BTI Systems and DDoS & Security solutions provider Arbor Networks.

Distributed-Denial-of-Service attack

Main article: October 2016 Dyn cyberattack

On 21 October 2016, Dyn's networks were attacked three times by hackers using a DDOS attack, causing major sites including Twitter, Reddit, GitHub, Amazon, Netflix, Spotify, Runescape, and its own website (http://www.dyn.com) to become unreachable.^[12]^[13]

Acquisitions

Dyn acquired three companies during 2010: EveryDNS,^[14] EditDNS,^[15] and SendLabs.^[16]
In September 2012, Dyn acquired the SEO/SEM & Ecommerce Development parts of Incutio LTD.^[17] They also acquired long time DNS provider TZO.^[18]
On January 2, 2013, Dyn acquired Web performance monitoring company Verelo.^[19]
On May 13, 2013, Dyn acquired mobile dashboard app startup Trendslide.^[20]
On December 23, 2013, Dyn acquired ReadyStatus, a tool that notifies customers of planned and unplanned service interruptions.^[21]
On March 26, 2014 Dyn acquired Nettica, a US-based managed DNS provider.^[22]
On May 20, 2014, Dyn acquired Renesys, specialist in monitoring the Internet to provide data about cloud services, connectivity and potential performance issues.^[23]

Awards

In December 2007, Dyn was rated the number one small business to work for in NH by Business New Hampshire magazine.^[24]^[25]
In May 2011, Dyn was selected as one of 50 Winning Workplaces by Inc. (magazine) and Winning Workplaces, an award for the top small businesses in the U.S.^[26]
In September 2013, Business New Hampshire Magazine named Dyn as the fastest growing private company in New Hampshire.^[27]
In November 2013, Dyn was listed as #210 on Deloitte's Technology Fast 500 List.^[28]