Dyn (company)

Dyn, Inc. (/ˈdaɪn/) was an Internet performance management company that also dealt with web application security, 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] It began operating as a global business unit of Oracle in 2017.

"DynDNS" redirects here. For the method of automatically updating a name server in the Domain Name System, see Dynamic DNS.
Dyn, Inc.
TypePrivate
Founded2001 (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
  • Colin Doherty (CEO)
  • Kyle York (CSO)
ProductsInternet intelligence, data traffic management, domain registration, dynamic DNS, geodns, web application security
Websiteaccount.dyn.com

History

Dyn was created as a community-led student project by Tim Wilde during his undergraduate studies at Worcester Polytechnic Institute.[2].[3] Eventually, Wilde, the founder, brought in Jeremy Hitchcock and Tom Daly as partners. Dyn enabled students to access lab computers and print documents remotely. The project then moved toward Domain Name System (DNS) services. The first iteration was a free donation-based dynamic DNS service known as DynDNS.[4] The project required $25,000 to stay open, and raised over $40,000.[4]

The donation-based model continued until 2002, and ended with a launch of "donator-only" DNS services.[5] Later, a premium service called the DynECT Managed DNS Platform became available in 2008,[6] with the hiring of Kyle York, Gray Chynoweth and Cory von Wallenstein, as the business began to scale.

Pre-Acquisition (2011–2015)
  • October 2012: Dyn completed a Series A round of venture capital funding totaling US$38 million from North Bridge Venture Partners.[9] Prior to the investment from North Bridge, the company had been self-funded.[10]
  • August 2013: Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry.[11]
  • April 2014: Dyn announced the discontinuation of its free hostname services effective May 7.[12][13]
  • September 2014: Dyn Internet Intelligence, a SaaS-based product[14] was launched.

2016 attack
Main article: 2016 Dyn cyberattack

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 URL (although most sites may have been available via IP address manually or through a maintained hosts file).[15][16][17]

Acquisition by Oracle
  • May 2016: Dyn obtained further equity funding of $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] Dyn launched its platform for Internet performance management.[18]
  • June 2018: Oracle released the Internet Intelligence Map, a free tool that provides data about worldwide Internet traffic and disruptions.[25] The map uses the Internet Intelligence technology Oracle acquired from Dyn.[26]
  • 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.[27]
    • 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).[28] Several customers publicly shared that they would not be migrating to OCI.[29][30][31][32][33] 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.[34] 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."[35]

Dyn acquisitions
  • Dyn acquired three companies during 2010: EveryDNS, EditDNS, and SendLabs.
  • Dyn acquired these companies in the following years:
  • September 2012 – the SEO/SEM & Ecommerce Development parts of Incutio LTD.[36] They also acquired long time DNS provider TZO.com."Dyn acquires second firm in two weeks". NH Business Review. 21 September 2012.
  • January 2, 2013 – web performance monitoring company Verelo.[37]
  • May 13, 2013 – mobile dashboard app startup Trendslide.
  • December 23, 2013 – ReadyStatus, a tool that notifies customers of planned and unplanned service interruptions.[38]
  • March 26, 2014 – Nettica, a US-based managed DNS provider.
  • May 20, 2014 – Renesys, specialist in monitoring the Internet to provide data about cloud services, connectivity and potential performance issues.[39]
  • February 15, 2018 – Oracle announced an agreement to acquire Zenedge, a Florida-based web application security company.[40] The acquisition closed on March 5, 2018, and Zenedge became part of the Oracle Dyn Global Business Unit.[41]

See also

References
  1. "Why Oracle Just Bought the Company That Brought Down the Internet". WIRED. Retrieved 2017-11-19.
  2. "Worcester Polytechnic Institute School of Business". Worcester Polytechnic Institute. Archived from the original on 7 October 2015. Retrieved 1 August 2013.
  3. "Jeremy Hitchcock CEO of Dyn Inc". 27 October 2010.
  4. Keohane, Dennis. "King of the North – Dyn's Jeremy Hitchcock is building the pillar company of New England". The Boston Globe. Archived from the original on June 19, 2014.
  5. "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.{{cite web}}: CS1 maint: bot: original URL status unknown (link)
  6. Marsan, Carolyn (11 December 2008). "Migrating to cloud computing? Don't forget DNS". NetworkWorld.
  7. Munford, Monty. "Brighton tech scene moves beyond local startups". The Telegraph. Retrieved 31 December 2013.
  8. Bort, Julie. "Dyn Is Turning New Hampshire Into A Startup Wonderland". Business Insider. Retrieved 31 December 2013.
  9. "Why Jeremy Hitchcock Waited 11 Years To Raise $38 Million". Business Insider. Retrieved 2015-10-05.
  10. Alspach, Kyle (Oct 2, 2012). "Dyn raises $38M in VC, gets Jason Calacanis on its board". Boston Business Journal. Retrieved October 2, 2012.
  11. "Should You Host A User Conference?". Forbes.
  12. Hutchinson, Lee (8 April 2014). "Dyn discontinues free DynDNS service to clean up its DDNS network". ars technica.
  13. Hitchcock, Jeremy. "Why We Decided To Stop Offering Free Accounts". Dyn.com.
  14. Rayburn, Dan. "Dyn Launches Internet Intelligence Tool With Unique Perspective On iOS 8 Internet Impact". Streaming Media.
  15. Krebs, Brian. "DDoS on Dyn Impacts Twitter, Spotify, Reddit — Krebs on Security". krebsonsecurity.com. Retrieved 21 October 2016.
  16. "Massive web attacks briefly knock out top sites". BBC News. 21 October 2016. Retrieved 21 October 2016.
  17. "Internet outage takes down Twitter, Netflix, PayPal and many of the web's most visited websites". TechWafer. 21 October 2016. Retrieved 14 June 2019.
  18. "Dyn Secures $50 Million in Series B Equity Funding to Expand Global Internet Performance Management Market Opportunity, Announces New Platform Offering". www.businesswire.com. May 10, 2016.
  19. "With $50 million in new funding, Dyn projects hundreds of new jobs". Manchester Union Leader. 2016-05-11. Archived from the original on 2017-12-01. Retrieved 2017-11-19.
  20. "Dyn Announces Colin Doherty As New CEO". Archived from the original on October 9, 2016.
  21. "Home". help.dyn.com.
  22. "Oracle acquires DNS provider Dyn, subject of a massive DDoS attack in October". TechCrunch. AOL Inc. 21 November 2016. Retrieved 21 November 2016.
  23. "Oracle acquires DNS provider Dyn for $600 million USD". Lock SSL. Archived from the original on 29 November 2016. Retrieved 24 November 2016.
  24. Imarc (2016-11-30). "Oracle's Acquisition of Dyn: What it Means for the DNS & Traffic..." NS1. Retrieved 2019-06-25.
  25. Madory, Doug. "Introducing the Internet Intelligence Map". Retrieved 2018-06-26.
  26. "Oracle launches its very own 'net threat map". Retrieved 2018-06-26.
  27. https://www.oracle.com/corporate/acquisitions/dyn/technologies/enterprise-customer-faq.html
  28. "Oracle Dyn DNS Services Shutting Down in 2020 | Hacker News". news.ycombinator.com.
  29. 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.
  30. 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.
  31. "Migrating from Oracle Dyn to Constellix". constellix.com. Retrieved 2019-08-28.
  32. Cooney, Michael (2019-06-26). "Oracle does-in Dyn, resets DNS services to cloud". Network World. Retrieved 2019-06-27.
  33. Imarc (2019-06-26). "Migrating from Oracle Dyn". NS1. Retrieved 2019-06-27.
  34. Leader, Michael Cousineau (10 June 2019). "Landlord marketing Oracle + Dyn space in the Millyard". New Hampshite UnionLeader.com. Retrieved 2019-06-25.
  35. "Dyn to Oracle Cloud Infrastructure—E-Commerce Customer FAQ". oracle.com. Retrieved 2019-06-25.
  36. "United States : Dyn Acquires SEO/SEM & Ecommerce Development Arm of Incutio LTD". Archived from the original on 2015-09-24.
  37. http://dyn.com/blog/dyn-acquires-website-monitoring-startup-verelo/
  38. Keohane, Dennis. "Dyn Acquires ReadyStatus - Makes Its Innovative Internet Performance Solution Even Better". VentureFizz. Archived from the original on 17 September 2017. Retrieved 23 December 2013.
  39. Lardinois, Frederic (21 May 2014). "Dyn Acquires Internet Intelligence Service Renesys". TechCrunch. Retrieved 21 May 2014.
  40. "Oracle Buys Zenedge". oracle.com. Retrieved 2018-06-26.
  41. "Oracle Buys Zenedge". oracle.com. Retrieved 2018-06-26.
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