Dyn

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Revision as of 22:42, 10 November 2012 by Vivian (talk | contribs) (History)
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DynLogo.png
ICANNWiki Silver Sponsor
Type: Privately Held
Founded: USA, 1998
Headquarters: Manchester, New Hampshire
Country: USA
Employees: 51-200
Website: dyn.com
Blog: Dyn.com Blog
Facebook: Dynamic Network Services, Inc.
LinkedIn: Dynamic Network Services, Inc.
Twitter: TwitterIcon.png@DynInc
Key People
Jeremy Hitchcock, CEO

Tom Daly, CTO
Kyle York, VP, Sales & Marketing
Graham Chynoweth, COO

Dynamic Network Services, Inc., established in 1998 by a team of young technologists, is a company offering web hosting services and sophisticated web technology solutions. It is an IaaS and DNS services manager; they provide two different DNS platforms, one for individuals and small businesses, and the other for larger corporations.[1] They claim to be the world's fastest growing provider of managed DNS.[2]

Dyn has 2,000 enterprise clients, 450,000 e-commerce clients, and four million active users around the world. Dyn's current clients include: Twitter, CNBC, Netflix, Photobucket, Gawker, Pandora, and Zappos. They all use their Dynect Platform.[3] Their headquarters is in Manchester, New Hampshire, but it also has offices in San Francisco, and in Brighton and Wrexham in the U.K. As of late 2012, the company had grown at a compound annual rate of 70% for the past three years.[4]

In June, 2009, it became the first managed DNS provider to offer its Dynect Platform clients DNSSEC.[5]

History

Dyn began in 1998 as a free service running out of a college apartment at Worcester Polytechnic Institut. It was called DynDNS and offered users a DNS service capable of hosting a website from a home computer. As the business continued to grow, it shifted from a free model to a donation-based model, which enabled them to make $40,000 in weeks, from users around the world.[6] From there they became a recurring revenue SaaS company, until they realized, in 2005, that many prominent corporations were using their exclusive suite of software. Thus, they further catered their services to the corporate market, reassessed their financial requirements, and began to offer more unique options for DNS solutions.[7]

They began outsourcing to the market in 2007. In 2010, the company purchased three companies -– SendLabs,[8] EveryDNS,[9] and EditDNS.[10]

In September, 2012, Dyn announced that it had acquired the SEO/SEM services of one of its early clients, Incutio. They had been outsourcing their SEO and SEM needs to Incutio for over a year prior to the team talent acquisition.[11]

Services

The company offers core engineering services specializing in Apache, Python, FreeBSD, OpenVPN and Perl.

$38 million Minority Investment

In October, 2012, it was announced that Dyn had received a $38 million Series A minority investment from North Bridge. The investment deal also expanded the Board of Directors for the company, adding 3 more positions, two from North Bridge; the board was originally staffed by only Dyn's two founders.[12] In an open letter to his employees and others, CEO Jeremy Hitchcock stressed that his company had been courted by other investors for some time, and that his decision to go ahead was North Bridge was the opportunity to keep doing what was best for the company, but with more resources, including greater contacts in related portfolio companies and a well-staffed board, to do so.[13]

Associations

Dynamic Network Services, Inc. maintain associations with the following organizations -

Awards and Recognition

  • Business New Hampshire Magazine recognized Dynamic Network Services as The Best Small Company to Work for in NH in December, 2010; it won the same distinction in 2007.[20] It will also enter in the ‘Hall of Fame’ in the year 2011. It was also the 2nd Best Small Company to work for in NH in the year 2009
  • In 2007, Dynamic Network Services got listed on Inc. 5000 list.[21].
  • In 4 years, from 2003 to 2007, the company’s growth rate was 208.7%; it was subsequently ranked 73rd in the list of "Top Companies in Telecommunications" in US by Trade Publication Inc. Overall, it ranked 11th in New Hampshire.
  • Dynamic Network Services, Inc. received the Innovation Rocks! award from the New Hampshire Division of Economic Development’s Business Resource Center.[22]

WikiLeaks

Dyn, Inc. was quickly wrapped up within the controversy of WikiLeaks' release of classified American documents as they provided web-hosting services for the site. Dyn stopped hosting Wikileaks on Dec. 2nd, 2010; Wikileaks had made its big release a month prior. Dyn has said it was forced to stop hosting the site after numerous DDoS attacks, which put its ability to provide for its other 500,000 customers in jeopardy. [23]

References