Dyn (company)

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Dyn, Inc.
TypePrivate
Founded2001; 20 years ago (2001)
Founders
DefunctFebruary 2, 2017 (2017-02-02)
FateAcquired by Oracle Corporation, becoming the Oracle Dyn Global Business Unit
HeadquartersManchester, New Hampshire, U.S.
Key people
ProductsInternet intelligence, data traffic management, domain registration, dynamic DNS, geodns, web application security
WebsiteDyn.com

Dyn, Inc. (/ˈdn/) was an Internet performance management and web application security 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,[1] and has operated as a global business unit of Oracle after the acquisition completed in 2017.[2] Some Dyn services are planned to be retired by Oracle on May 31, 2023.[3]

History[edit]

Dyn was created as a community-led student project by Tim Wilde,[4][5] who then hired Jeremy Hitchcock, Tom Daly and Chris Reinhardt during their undergraduate studies at Worcester Polytechnic Institute.[6] Eventually Wilde brought in Hitchcock and Daly as partners. 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.[7] The project required $25,000 to stay open, and raised over $40,000.[7]

The donation based model continued until 2002, and stopped with a launch of "donator-only" DNS services.[8] Later, a premium service called the DynECT Managed DNS Platform became available in 2008,[9] 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.[10] In the same year, Dyn opened its new headquarters in Manchester, New Hampshire, United States.[11]

In October 2012, Dyn completed a Series A round of venture capital funding totaling US$ 38 million from North Bridge Venture Partners.[12] Prior to the investment from North Bridge, the company had been self funded.[13]

In August 2013, Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry.[14]

In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7.[15][16]

In September 2014, Dyn launched Dyn Internet Intelligence, a SaaS-based product.[17]

In May 2016, Dyn obtained further equity funding of US$50 million from Pamplona Capital Management;[18] total funding was $100M. The company had scaled to approximately $100M in annual recurring revenue prior to its acquisition by Oracle.[19]

Also in May 2016, Dyn launched its platform for Internet performance management.[18]

In October 2016, Colin Doherty was appointed the company's CEO.[20]

2016 attack[edit]

On October 21, 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, Quora, and Dyn's own website to become unreachable via the Uniform Resource Locator (although most sites may have been available via IP address manually or through a maintained hosts file).[21][22][23]

Acquisition by Oracle[edit]

Oracle Dyn Global Business Unit
TypeDivision
Founded2017; 4 years ago (2017)
HeadquartersNashua, New Hampshire, U.S.[24]
ProductsInternet intelligence, data traffic management, domain registration, dynamic DNS, geodns, web application security
Websiteoracle.com/dyn

On November 21, 2016, Dyn announced that it had agreed to be acquired by Oracle Corporation[25][26][27]

In June 2018, Oracle released the Internet Intelligence Map, a free tool that provides data about worldwide Internet traffic and disruptions.[28] The map uses the Internet Intelligence technology Oracle acquired from Dyn.[29]

In June 2019, Oracle announced Dyn's Managed and Standard DNS services would be shutting down in May 2020; this date was later extended to May 31, 2023.[30] The email sent to Standard DNS customers informed them that the Standard DNS service would be replaced by the "enhanced, paid subscription version" hosted on Oracle Cloud Infrastructure (OCI).[31] Several customers publicly shared that they would not be migrating to OCI.[32][33] [34][35][36] In addition, a large number of Dyn's Manchester, New Hampshire employees were laid off and the office space was put up for rent by the building owner.[37]

Many people were upset about this, including early Dyn adopters who were receiving "free for life" Standard DNS service, which was no longer being honored as of the transition to OCI DNS. "We truly appreciate your support throughout the years. While we are discontinuing the availability of services received at no-cost, you may be surprised by how affordable the DNS service is within OCI along with outstanding capabilities with this service."[3]

Dyn acquisitions[edit]

  • Dyn acquired three companies during 2010: EveryDNS, EditDNS, and SendLabs.[citation needed]
  • In September 2012, Dyn acquired the SEO/SEM & Ecommerce Development parts of Incutio LTD.[38] They also acquired long time DNS provider TZO.[citation needed]
  • On January 2, 2013, Dyn acquired Web performance monitoring company Verelo.[39][non-primary source needed]
  • On May 13, 2013, Dyn acquired mobile dashboard app startup Trendslide.[citation needed]
  • On December 23, 2013, Dyn acquired ReadyStatus, a tool that notifies customers of planned and unplanned service interruptions.[40]
  • On March 26, 2014 Dyn acquired Nettica, a US-based managed DNS provider.[citation needed]
  • On May 20, 2014, Dyn acquired Renesys, specialist in monitoring the Internet to provide data about cloud services, connectivity and potential performance issues.[41]
  • On February 15, 2018, Oracle announced an agreement to acquire Zenedge, a Florida-based web application security company.[42] The acquisition closed on March 5, 2018, and Zenedge became part of the Oracle Dyn Global Business Unit.[43]

See also[edit]

References[edit]

  1. ^ "Why Oracle Just Bought the Company That Brought Down the Internet". WIRED. Retrieved 2017-11-19.
  2. ^ "The Value Of The Oracle + Dyn Combination | Dyn Blog". Retrieved 2018-06-26.
  3. ^ a b "Dyn to Oracle Cloud Infrastructure—E-Commerce Customer FAQ". oracle.com. Retrieved 2019-06-25.
  4. ^ http://www.businessinterviews.com/jeremy-hitchcock/
  5. ^ https://archive.today/Uv7lO
  6. ^ "Worcester Polytechnic Institute School of Business". Worcester Polytechnic Institute. Retrieved 1 August 2013.
  7. ^ a b Keohane, Dennis. "King of the North – Dyn's Jeremy Hitchcock is building the pillar company of New England". The Boston Globe.
  8. ^ "Dynamic DNS Network Services -- Corporate -- Evolutionary Changes at DynDNS.org". 2002-10-05. Archived from the original on 2002-10-05. Retrieved 2016-12-31.CS1 maint: bot: original URL status unknown (link)
  9. ^ Marsan, Carolyn. "Migrating to cloud computing? Don't forget DNS". NetworkWorld.
  10. ^ Munford, Monty. "Brighton tech scene moves beyond local startups". The Telegraph. Retrieved 31 December 2013.
  11. ^ Bort, Julie. "Dyn Is Turning New Hampshire Into A Startup Wonderland". Business Insider. Retrieved 31 December 2013.
  12. ^ "Why Jeremy Hitchcock Waited 11 Years To Raise $38 Million". Retrieved 2015-10-05.
  13. ^ Alspach, Kyle (Oct 2, 2012). "Dyn raises $38M in VC, gets Jason Calacanis on its board". Boston Business Journal. Retrieved October 2, 2012.
  14. ^ "Should You Host A User Conference?". Forbes.
  15. ^ Hutchinson, Lee. "Dyn discontinues free DynDNS service to clean up its DDNS network". ars technica.
  16. ^ Hitchcock, Jeremy. "Why We Decided To Stop Offering Free Accounts". Dyn.com.
  17. ^ Rayburn, Dan. "Dyn Launches Internet Intelligence Tool With Unique Perspective On iOS 8 Internet Impact". Streaming Media.
  18. ^ a b Dyn Secures $50 Million in Series B Equity Funding to Expand Global Internet Performance Management Market Opportunity, Announces New Platform Offering
  19. ^ "With $50 million in new funding, Dyn projects hundreds of new jobs". Manchester Union Leader. 2016-05-11. Retrieved 2017-11-19.
  20. ^ Dyn Announces Colin Doherty As New CEO[better source needed]
  21. ^ Krebs, Brian. "DDoS on Dyn Impacts Twitter, Spotify, Reddit — Krebs on Security". krebsonsecurity.com. Retrieved 21 October 2016.
  22. ^ "Massive web attacks briefly knock out top sites". BBC News. 21 October 2016. Retrieved 21 October 2016.
  23. ^ "Internet outage takes down Twitter, Netflix, PayPal and many of the web's most visited websites". TechWafer. 21 October 2016. Retrieved 14 June 2019.
  24. ^ https://help.dyn.com/
  25. ^ "Oracle acquires DNS provider Dyn, subject of a massive DDoS attack in October". TechCrunch. AOL Inc. Retrieved 21 November 2016.
  26. ^ "Oracle acquires DNS provider Dyn for $600 million USD". Lock SSL. Archived from the original on 29 November 2016. Retrieved 24 November 2016.
  27. ^ Imarc (2016-11-30). "Oracle's Acquisition of Dyn: What it Means for the DNS & Traffic..." NS1. Retrieved 2019-06-25.
  28. ^ Madory, Doug. "Introducing the Internet Intelligence Map". Retrieved 2018-06-26.
  29. ^ "Oracle launches its very own 'net threat map". Retrieved 2018-06-26.
  30. ^ https://www.oracle.com/corporate/acquisitions/dyn/technologies/enterprise-customer-faq.html
  31. ^ https://news.ycombinator.com/item?id=20276070%7Ctitle=Oracle Dyn DNS Services Shutting Down in 2020
  32. ^ Toler, Ray (2019-06-25). "Sad to see @OracleCloud killing off the parts of #Dyn that so many of us used for the last decade. Three digit % price increases aren't in my budget. Happily, there are plenty of alternatives these days.pic.twitter.com/eleCwkxr7R". @raytoler. Retrieved 2019-06-27.
  33. ^ Matt [@apple4ever] (2019-06-25). "What a terrible experience that Oracle is giving Dyn customers: www.oracle.com/corporate/acquisitions/dyn/technologies/migrate-your-services/ ... First, they don't support dynamic DNS or DNSSEC. Second, the transfer is not automated! I'll be switching to @Cloudflare" (Tweet). Retrieved 2019-06-27 – via Twitter.
  34. ^ "Migrating from Oracle Dyn to Constellix". constellix.com. Retrieved 2019-08-28.
  35. ^ Cooney, Michael (2019-06-26). "Oracle does-in Dyn, resets DNS services to cloud". Network World. Retrieved 2019-06-27.
  36. ^ Imarc (2019-06-26). "MIGRATING FROM ORACLE DYN". NS1. Retrieved 2019-06-27.
  37. ^ Leader, MICHAEL COUSINEAU New Hampshire Union. "Landlord marketing Oracle + Dyn space in the Millyard". UnionLeader.com. Retrieved 2019-06-25.
  38. ^ "United States : Dyn Acquires SEO/SEM & Ecommerce Development Arm of Incutio LTD". High Beam Research. Archived from the original on 2015-09-24.
  39. ^ http://dyn.com/blog/dyn-acquires-website-monitoring-startup-verelo/
  40. ^ Keohane, Dennis. "Dyn Acquires ReadyStatus - Makes Its Innovative Internet Performance Solution Even Better". VentureFizz. Retrieved 23 December 2013.
  41. ^ Lardinois, Frederic (21 May 2014). "Dyn Acquires Internet Intelligence Service Renesys". TechCrunch. Retrieved 21 May 2014.
  42. ^ "Oracle Buys Zenedge". oracle.com. Retrieved 2018-06-26.
  43. ^ "Oracle Buys Zenedge". oracle.com. Retrieved 2018-06-26.

External links[edit]