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In 2013, Dyn rounded out its executive team with the promotion of Scott Hilton as Executive Vice President of Product and the hiring of Matt Larson as Chief Architect and Tim O’Toole as CFO.<ref>{{cite web|last=Higginbotham|first=Stacey|title=As its business grows, Dyn picks up steam and a CFO|publisher=Gigaom|accessdate=31 December 2013}}</ref> The company also repositioned itself as an Internet performance solutions provider with the acquisitions of [[Verelo]], Trendslide,<ref>{{cite web|last=Griffith|first=Erin|title="Infrastructure as a service" company Dyn acquires Trendslide for mobile monitoring|url=http://pando.com/2013/05/13/infrastructure-as-a-service-company-dyn-acquires-trendslide-for-mobile-monitoring/|publisher=PandoDaily|accessdate=31 December 2013}}</ref> and ReadyStatus.com.
In 2013, Dyn rounded out its executive team with the promotion of Scott Hilton as Executive Vice President of Product and the hiring of Matt Larson as Chief Architect and Tim O’Toole as CFO.<ref>{{cite web|last=Higginbotham|first=Stacey|title=As its business grows, Dyn picks up steam and a CFO|publisher=Gigaom|accessdate=31 December 2013}}</ref> The company also repositioned itself as an Internet performance solutions provider with the acquisitions of [[Verelo]], Trendslide,<ref>{{cite web|last=Griffith|first=Erin|title="Infrastructure as a service" company Dyn acquires Trendslide for mobile monitoring|url=http://pando.com/2013/05/13/infrastructure-as-a-service-company-dyn-acquires-trendslide-for-mobile-monitoring/|publisher=PandoDaily|accessdate=31 December 2013}}</ref> and ReadyStatus.com.

In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7th. <ref>http://dyn.com/blog/why-we-decided-to-stop-offering-free-accounts/</ref>


== Financials ==
== Financials ==

Revision as of 13:37, 7 April 2014

Dyn
Company typeCorporation
IndustryInternet IaaS
Predecessor
  • Dynamic Network Services Inc
  • DynDNS
Founded1998
HeadquartersManchester, New Hampshire
Websitedyn.com

Dyn (pronounced “dine”) is an Internet company that provides traffic management, message management and performance assurance to commercial and private users worldwide with major customers including Twitter, Netflix, Pandora, Zappos, CNBC, Etsy, Box and StumbleUpon.[1] These solutions are supported by services including paid domain registrations, recursive DNS, email forwarding and redirection, network monitoring and URL redirection. Dyn’s corporate headquarters are located in Manchester, NH, USA, with offices in Brighton, UK, and San Francisco, CA, USA.

History

Dyn was conceived as an open source, community-led student project back by Jeremy Hitchcock, Tom Daly, Tim Wilde and Chris Reinhardt while pursuing undergraduate studies at Worcester Polytechnic Institute.[2] In the beginning, Dyn enabled students to access lab computers and print documents remotely. The project quickly outgrew its original purpose and soon gravitated towards domain name system (DNS) services. The first iteration was a free dynamic DNS service known as DynDNS, which allowed users to register a subdomain that points to a computer with regularly changing IP addresses, such as those served by many consumer-level Internet service providers. An update client installed on the user's computer, or built into a networked device, such as a router or webcam, keeps the hostname up to date with its current IP address.

This free service eventually became costly for the founders to support. Looking to gauge interest the project was set to be shut down unless users were able to reach a $25,000 fundraising goal. They ended up raising over $40,000.

As a result of this success, it became a Massachusetts limited liability company on October 24, 2001.[3] It evolved again, in 2003, when the company reorganized into a Delaware corporation.[4]

The donation based model continued until a premium service called the DynECT Platform became available in 2008. The DynECT Platform offered advanced DNS related services to customers including but not limited to: Round Robin Load Balancing, CDN Management, Traffic Management, and Active Failover. The service was mainly geared toward enterprise-level consumers. It was at this time that several key hires, including Gray Chynoweth, who is now the Chief Operating Officer, Cory von Wallenstein, currently the Chief Technologist, and Kyle York, Dyn’s Chief Revenue Officer, joined the team, helping the company scale in the enterprise space.

In 2010, in an effort to consolidate the DNS space, Dyn purchased EditDNS and EveryDNS. However, their most significant purchase that year was the Manchester, New Hampshire-based SendLabs. This acquisition allowed Dyn to begin offering message management services. This combination of email delivery and Managed DNS allowed Dyn to bill itself as a provider of Infrastructure as a Service.

These moves led to significant growth. In 2011, Dyn opened an office in San Francisco and London, England - it eventually moved its EMEA headquarters to Brighton, UK.[5] It was also in 2011 that Dyn opened its new Manchester, NH headquarters.[6]

In November 2011 Dyn reduced the number of free hostnames provided from five to one (but only after signing up for a free trial), except for existing users with active hostnames.[7] Registering for the service involves the purchase of a trial version of Dynamic DNS Pro at no cost, and requires a valid credit card, effectively rendering the service non-anonymous.

From May 2013 on, Dyn no longer maintains free services without monthly log-ins at its site. According to Dyn, this is to eliminate unneeded or dormant hostnames; however, unused hostnames were already detected and eliminated through client logins. Numerous Users expressed concern that the real reason is to force existing subscribers to upgrade to a paid account.[8][9][10]

In 2013, Dyn rounded out its executive team with the promotion of Scott Hilton as Executive Vice President of Product and the hiring of Matt Larson as Chief Architect and Tim O’Toole as CFO.[11] The company also repositioned itself as an Internet performance solutions provider with the acquisitions of Verelo, Trendslide,[12] and ReadyStatus.com.

In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7th. [13]

Financials

  • 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.[14]

Acquisitions

  • In September 2012, Dyn acquired the SEO/SEM & Ecommerce Development parts of Incutio LTD.[18] They also acquired long time DNS provider TZO.[19]
  • On January 2, 2013, Dyn acquired Web performance monitoring company Verelo.[20]
  • On May 13, 2013, Dyn acquired mobile dashboard app startup Trendslide.[21]
  • On December 23, 2013, Dyn acquired ReadyStatus, a tool that notifies customers of planned and unplanned service interruptions.[22]

Partners

Dyn's partner program consists of over 200 partners, from integration partners to managed services to channel resellers. Major partners include Firehost, AT&T, Global Dots, HP, Fastly, Sitecore, Redapt, and Synnex.[23]

Third-party usage

The DynDNS update API[24] was released in 1998 as an open system, to allow control by third-party developers. It has been used by Netgear,[25] OpenDNS, Norton DNS,[26] and No-IP.[27] Additionally a number of router manufacturers have adopted the API to include update capabilities in their devices, including Linksys, Netgear, D-Link, Cisco, Draytek, Sonicwall, Belkin, TP-Link, and Acorp.

Dyn’s second API, The Dyn Managed DNS REST API, remains in use by Red Hat OpenShift, Joyent, RightScale and IBM SmartCloud Entry PureFlex System.

The latest API Dyn has made available is the Dyn Email Delivery REST API, which has been made available in JSON, HTML, and XML formats since January, 2011. Current third-party users include Ongage, Seeking Alpha, Mill33, and Daily Secret.

In May 2004 the company started providing DNS services for top-level domains, starting with the .cx TLD. The company also provides DNS for several other TLDs: Christmas Islands (.cx), Mauritius (.mu), Solomon Islands (.sb), as well as of the Democratic Republic of Timor-Leste (.tl).

Products

Dyn’s products fall under two main services, those being Traffic Management and Message Management with several other supporting services, such as Domain Services, that complement these core competencies.

Traffic Management

Dyn offers dynamic, static, and recursive DNS solutions for individuals, SMB’s, and enterprise customers.

Message Management

Dyn’s customers collectively send over a billion emails a month with Dyn Email Delivery service. Dyn delivers both bulk email for transactional and spam purposes in the form of online retail receipts and newsletters or other marketing content for customers who don’t host their own outbound mail server.

Domain Services

Along with standard and secondary DNS, Dyn offers paid domain registration. Dyn's Standard DNS provides complete control over DNS zone and records with an intuitive web interface.

Culture

Dyn’s culture has received regional and national recognition as both an exciting and democratic place to work.[28] The often described “work hard/play hard” culture has created a very dedicated team of talented individuals as well as some unique office amenities such as a climbing wall, a growing arcade collection, ping pong and foosball tables, beer on tap, a putting green, an in office gym, a secret speakeasy and a private farm to table restaurant. Sometimes compared to a Silicon Valley startup, Dyn has adopted a few unique office policies such as unlimited PTO, office pets, and a flexible work schedule. The belief behind these benefits is that happy employees work harder and contribute more to the tasks at hand. The recent 500% revenue growth in 4 years appears to back that claim.[29]

Proprietary Events

In addition to exhibiting and speaking at numerous world leading events, Dyn also hosts its own series of conferences and social events.

Awards

  • In April 2006, Dyn received a "Best Buy" rating and a perfect 10 out of 10 rating on Overall Value, Performance, and Ease of Use from the Consumer Guide.[30]
  • In September 2007, Dyn was ranked 73rd in the US among the "Top Companies in Telecommunications" and 11th overall in New Hampshire by trade publication Inc., thanks to a 208.7% growth rate since 2003.[31]
  • In December 2007, Dyn was rated the number one small business to work for in NH by Business New Hampshire magazine.[32][33]
  • 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.[34]
  • In August 2011, Inc. announced that Dyn made its Inc. 5000 list in the 1538th slot, a yearly ranking of the top U.S. based private companies. It was Dyn's second time on the list.[35]
  • In December 2011, Dyn was elected to the Best Companies to Work in NH Hall of Fame by Business New Hampshire Magazine.
  • In April 2012, Dyn was named to WorldBlu List of Most Democratic Workplaces 2012.[36]
  • In August 2012, Dyn made the Inc. 5000 list for the third time, jumping 378 spots to #1160.[37]
  • In April 2013, Dyn was named to WorldBlu List of Most Democratic Workplaces 2013, for a second consecutive year.[38]
  • In August 2013, Dyn was recognized by the Inc. 5000 list, continuing to climb the list year after year, this time as #1135.[39]
  • In September 2013, Business New Hampshire Magazine named Dyn as the fastest growing private company in New Hampshire.[40]
  • In November 2013, Dyn was listed as #210 on Deloitte's Technology Fast 500 List.[41]
  • In December 2013, The New Hampshire College & University Council recognized Dyn's volunteer efforts towards education with a Champion Award.[42]

Criticism

Dyn only offers email notifications for keeping hostnames formerly hosted at no charge at this status. Moreover, when discontinuing the service of these free hostnames, particularly those not containing the word “dyn”, Dyn also only sent emails to the account owners. Dyn conceded that their email notification service is unreliable.[43] However, instead of using a secondary means of notification like temporary hostname suspension, they offered switching to a paid business plan.[44]

See also

References

  1. ^ . Dyn http://dyn.com/about/clients/. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  2. ^ "Worcester Polytechnic Institute School of Business". Worcester Polytechnic Institute. Retrieved 1 August 2013.
  3. ^ "Dynamic Network Services, LLC Summary Screen". Retrieved 2006-11-30.
  4. ^ "Delaware Division of Corporations Entity Search". Retrieved 2006-11-30. File Number 3685450
  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. ^ "Free DDNS Service Changes". DynDNS.com. 2011-03-23. Retrieved 2012-01-14.
  8. ^ "DynDNS getting greedy". May 15, 2013. Retrieved January 11, 2014.
  9. ^ "DynDNS account account [sic] changes - PITA". April 23, 2013. Retrieved January 11, 2014.
  10. ^ "dyndns.com trying to weed out remaining freebies". May 16, 2013. Retrieved January 11, 2014.
  11. ^ Higginbotham, Stacey. "As its business grows, Dyn picks up steam and a CFO". Gigaom. {{cite web}}: |access-date= requires |url= (help); Missing or empty |url= (help)
  12. ^ Griffith, Erin. ""Infrastructure as a service" company Dyn acquires Trendslide for mobile monitoring". PandoDaily. Retrieved 31 December 2013.
  13. ^ http://dyn.com/blog/why-we-decided-to-stop-offering-free-accounts/
  14. ^ Alspach, Kyle (Oct 2, 2012). "Dyn raises $38M in VC, gets Jason Calacanis on its board". Boston Business Journal. Retrieved October 2, 2012.
  15. ^ Dyn Inc. Buys EveryDNS Xconomy, January 7, 2010
  16. ^ Dyn Inc. Acquires EditDNS and Launches DynECT Dyn Inc Press Release, August 31, 2010
  17. ^ Dyn Inc. acquires SendLabs New Hampshire Business Review. January 13, 2011
  18. ^ Dyn Acquires SEO/SEM & Ecommerce Development arm of Incutio LTD
  19. ^ Dyn Acquires Long Time DNS Provider TZO
  20. ^ Dyn Acquires Website Monitoring Startup Verelo
  21. ^ Dyn Acquires Mobile Dashboard App Trendslide
  22. ^ Keohane, Dennis. "Dyn Acquires ReadyStatus - Makes Its Innovative Internet Performance Solution Even Better". VentureFizz. Retrieved 23 December 2013.
  23. ^ http://dyn.com/about/partners/#reseller. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  24. ^ "DNS Update API". Dyn. Retrieved 2012-01-14.
  25. ^ What is dynamic DNS (DDNS)? Netgear
  26. ^ "Norton DNS Public Beta FAQ". Symantec. Retrieved 2010-06-07.
  27. ^ "No-IP". No-IP.org. Retrieved 2012-01-14.
  28. ^ "Dyn Named 2013 WorldBlu Most Democratic Workplace Winner". Dyn. Retrieved 23 December 2013.
  29. ^ http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_fast500_rankings_110713.pdf. Retrieved 23 December 2013. {{cite web}}: Missing or empty |title= (help)
  30. ^ "DynDNS Receives "Best Buy" Ranking From Consumer Guide" (Press release). Dynamic Network Services, Inc. 2006-04-13. Retrieved 2006-11-30.
  31. ^ "Dynamic Network Services Incorporated Reports 208.7% Growth" (Press release). Dynamic Network Services, Inc. 2007-09-07. Retrieved 2007-09-07.
  32. ^ "businessnhmagazine.com". businessnhmagazine.com. Retrieved 2012-01-14.
  33. ^ "Dynamic Network Services selected as Best Small Company to Work for in New Hampshire" (Press release). Dynamic Network Services, Inc. 2007-12-05. Retrieved 2007-12-05.
  34. ^ "Inc. Magazine Recognizes Dyn As 2011 Top Small Company Award Winner | Dyn Blog". Dyn.com. 2011-05-23. Retrieved 2012-01-14.
  35. ^ "Dyn Earns Spot on Inc. 5000 List | Dyn Blog". Dyn.com. 2011-08-23. Retrieved 2012-01-14.
  36. ^ "WorldBlu Names Dyn A Top Democratic Workplace". Dyn.com. 2012-04-10. Retrieved 2012-11-04.
  37. ^ "Dyn Makes Inc. 5000 List For Third Time, Jumps 400+ Spots; Dyn Blog". Dyn.com. 2012-08-22. Retrieved 2012-11-04.
  38. ^ http://dyn.com/blog/worldblu-most-democratic-workplace-2013-nh-culture/. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  39. ^ http://www.inc.com/profile/dyn. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  40. ^ http://dyn.com/wp-content/uploads/2012/03/Biz-NH-Mag-Dyn-Fastest-Growing-on-Private-100.pdf. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  41. ^ http://www.deloitte.com/assets/Dcom-UnitedStates/Local%20Assets/Documents/TMT_us_tmt/us_tmt_fast500_rankings_110713.pdf. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  42. ^ http://dyn.com/wp-content/uploads/2012/03/NHCUC-2013-Media-Advisory-Breakfast-of-Champions.pdf. Retrieved 3 December 2013. {{cite web}}: Missing or empty |title= (help)
  43. ^ http://www.dyncommunity.com/questions/34037/my-hostname-suddenly-disappeared-nothing-works-any.html. Retrieved 10 December 2013. {{cite web}}: Missing or empty |title= (help)
  44. ^ http://www.dyncommunity.com/questions/32181/from-dyn-free-hostnames-are-no-longer-offered.html. Retrieved 10 December 2013. {{cite web}}: Missing or empty |title= (help)
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