Dyn (company)

Dyn, Inc. (/ˈdaɪn/) is 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 from 2017.[2] It is due to retire on May 31, 2022.[3]

"DynDNS" redirects here. For the method of automatically updating a name server in the Domain Name System, see Dynamic DNS.
Oracle Dyn Global Business Unit
Subsidiary
Founded2001 (2001)
Founders
DefunctMay 31, 2020 (2020-05-31)
HeadquartersManchester, New Hampshire, U.S.
Key people
  • Kyle York (general manager, Oracle Dyn Global Business Unit; vice president of product strategy, Oracle Cloud Infrastructure)
ProductsInternet intelligence, data traffic management, domain registration, dynamic DNS, geodns, web application security
ParentOracle Corporation
WebsiteDyn.com

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.[4] 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.[5] The project required $25,000 to stay open, and raised over $40,000.[5]

The donation based model continued until 2002, and stopped with a launch of "donator-only" DNS services.[6] Later, a premium service called the DynECT Managed DNS Platform became available in 2008.,[7] 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.[8] In the same year, Dyn opened its new headquarters in Manchester, New Hampshire, United States.[9]

In October 2012, Dyn completed a Series A round of venture capital funding totaling US$ 38 million from North Bridge Venture Partners.[10] Prior to the investment from North Bridge, the company had been self funded.[11]

In August 2013, Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry.[12]

In April 2014, Dyn announced the discontinuation of its free hostname services effective May 7.[13][14]

In September 2014, Dyn launched Dyn Internet Intelligence, a SaaS-based product.[15]

In May 2016, Dyn obtained further equity funding of US$50 million from Pamplona Capital Management.[16] Also in May 2016, Dyn launched its platform for internet performance management.[16] Total funding of $100M.

In October 2016, Colin Doherty was appointed the company’s CEO.[17]

The company scaled to approximately $100M in annual recurring revenue (ARR) prior to exit.[18]

On November 21, 2016, Dyn announced that it had agreed to be acquired by Oracle Corporation for 600 million USD.[19][20][21]

In June 2018, Oracle released the Internet Intelligence Map, a free tool that provides data about worldwide Internet traffic and disruptions.[22] The map uses the Internet Intelligence technology Oracle acquired from Dyn.[23]

Oracle and Oracle Dyn continue to be a technology leader in the New Hampshire economy.[24]

In June 2019, Oracle announced Dyn's Managed and Standard DNS services would be shutting down in 2020 (this date was extended to May 31, 2022 in Feb 2020 [25]), with customers receiving a notice via email. The Standard DNS email received by customers included, "Oracle is announcing the end-of-life for the Standard DNS service in favor of the enhanced, paid subscription version on the Oracle Cloud Infrastructure platform. On May 31, 2020 (now 2022), the “EOL Date”, the Standard DNS will be retired and will no longer be available."[26] Many customers publicly shared[27][28] they would not be migrating to OCI.[29][30][31] 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.[32] Many people were upset about this, specifically those who were early supporters receiving 'free for life' Standard DNS service which are not being honored on 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]

A 2019 New Business Review article highlights the Dyn effect on the Manchester, New Hampshire economy and culture[33]

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 Uniform Resource Locator (although most sites may have been available via IP address manually or through a maintained hosts file).[34][35][36]

Dyn acquisitions
  • Dyn acquired three companies during 2010: EveryDNS,[37] EditDNS,[38] and SendLabs.[39]
  • In September 2012, Dyn acquired the SEO/SEM & Ecommerce Development parts of Incutio LTD.[40] They also acquired long time DNS provider TZO.[41]
  • On January 2, 2013, Dyn acquired Web performance monitoring company Verelo.[42]
  • On May 13, 2013, Dyn acquired mobile dashboard app startup Trendslide.[43]
  • On December 23, 2013, Dyn acquired ReadyStatus, a tool that notifies customers of planned and unplanned service interruptions.[44]
  • On March 26, 2014 Dyn acquired Nettica, a US-based managed DNS provider.[45]
  • On May 20, 2014, Dyn acquired Renesys, specialist in monitoring the Internet to provide data about cloud services, connectivity and potential performance issues.[46]
  • On February 15, 2018, Oracle announced an agreement to acquire Zenedge, a Florida-based web application security company.[47] The acquisition closed on March 5, 2018, and Zenedge became part of the Oracle Dyn Global Business Unit.[48]
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See also

References
  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. "Dyn to Oracle Cloud Infrastructure—E-Commerce Customer FAQ". oracle.com. Retrieved 2019-06-25.
  4. "Worcester Polytechnic Institute School of Business". Worcester Polytechnic Institute. Retrieved 1 August 2013.
  5. Keohane, Dennis. "King of the North – Dyn's Jeremy Hitchcock is building the pillar company of New England". The Boston Globe.
  6. "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)
  7. Marsan, Carolyn. "Migrating to cloud computing? Don't forget DNS". NetworkWorld.
  8. Munford, Monty. "Brighton tech scene moves beyond local startups". The Telegraph. Retrieved 31 December 2013.
  9. Bort, Julie. "Dyn Is Turning New Hampshire Into A Startup Wonderland". Business Insider. Retrieved 31 December 2013.
  10. "Why Jeremy Hitchcock Waited 11 Years To Raise $38 Million". Retrieved 2015-10-05.
  11. Alspach, Kyle (Oct 2, 2012). "Dyn raises $38M in VC, gets Jason Calacanis on its board". Boston Business Journal. Retrieved October 2, 2012.
  12. "Should You Host A User Conference?". Forbes.
  13. Hutchinson, Lee. "Dyn discontinues free DynDNS service to clean up its DDNS network". ars technica.
  14. Hitchcock, Jeremy. "Why We Decided To Stop Offering Free Accounts". Dyn.com.
  15. Rayburn, Dan. "Dyn Launches Internet Intelligence Tool With Unique Perspective On iOS 8 Internet Impact". Streaming Media.
  16. Dyn Secures $50 Million in Series B Equity Funding to Expand Global Internet Performance Management Market Opportunity, Announces New Platform Offering
  17. Dyn Announces Colin Doherty As New CEO
  18. "With $50 million in new funding, Dyn projects hundreds of new jobs | New Hampshire". UnionLeader.com. Retrieved 2017-11-19.
  19. "Oracle acquires DNS provider Dyn, subject of a massive DDoS attack in October". TechCrunch. AOL Inc. Retrieved 21 November 2016.
  20. "Oracle acquires DNS provider Dyn for $600 million USD". Lock SSL. Archived from the original on 29 November 2016. Retrieved 24 November 2016.
  21. Imarc (2016-11-30). "Oracle's Acquisition of Dyn: What it Means for the DNS & Traffic…". NS1. Retrieved 2019-06-25.
  22. Madory, Doug. "Introducing the Internet Intelligence Map". Retrieved 2018-06-26.
  23. "Oracle launches its very own 'net threat map". Retrieved 2018-06-26.
  24. "The GMCC Welcomes Oracle Dyn as a "Chamber Partner"". Greater Manchester Chamber of Commerce. 2017-07-18. Retrieved 2017-11-19.
  25. https://www.oracle.com/corporate/acquisitions/dyn/technologies/enterprise-customer-faq.html
  26. https://news.ycombinator.com/item?id=20276070%7Ctitle=Oracle Dyn DNS Services Shutting Down in 2020
  27. 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.
  28. Matt (2019-06-25). "What a terrible experience that Oracle is giving Dyn customers: https://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". @apple4ever. Retrieved 2019-06-27. External link in |title= (help)
  29. "Migrating from Oracle Dyn to Constellix". constellix.com. Retrieved 2019-08-28.
  30. Cooney, Michael (2019-06-26). "Oracle does-in Dyn, resets DNS services to cloud". Network World. Retrieved 2019-06-27.
  31. Imarc (2019-06-26). "MIGRATING FROM ORACLE DYN". NS1. Retrieved 2019-06-27.
  32. Leader, MICHAEL COUSINEAU New Hampshire Union. "Landlord marketing Oracle + Dyn space in the Millyard". UnionLeader.com. Retrieved 2019-06-25.
  33. "Manchester feels the Dyn effect". NH Business Review. 2019-09-12. Retrieved 2019-10-20.
  34. Krebs, Brian. "DDoS on Dyn Impacts Twitter, Spotify, Reddit — Krebs on Security". krebsonsecurity.com. Retrieved 21 October 2016.
  35. "Massive web attacks briefly knock out top sites". BBC News. 21 October 2016. Retrieved 21 October 2016.
  36. "Internet outage takes down Twitter, Netflix, PayPal and many of the web's most visited websites". TechWafer. 21 October 2016. Retrieved 14 June 2019.
  37. "EveryDNS". CrunchBase.
  38. "EditDNS". CrunchBase.
  39. "SendLabs". CrunchBase.
  40. "United States : Dyn Acquires SEO/SEM & Ecommerce Development Arm of Incutio LTD". High Beam Research. Archived from the original on 2015-09-24.
  41. "TZO". CrunchBase.
  42. "Verelo". CrunchBase.
  43. "Trendslide". CrunchBase.
  44. Keohane, Dennis. "Dyn Acquires ReadyStatus - Makes Its Innovative Internet Performance Solution Even Better". VentureFizz. Retrieved 23 December 2013.
  45. "Nettica". CrunchBase.
  46. Lardinois, Frederic (21 May 2014). "Dyn Acquires Internet Intelligence Service Renesys". TechCrunch. Retrieved 21 May 2014.
  47. "Oracle Buys Zenedge". oracle.com. Retrieved 2018-06-26.
  48. "Oracle Buys Zenedge". oracle.com. Retrieved 2018-06-26.
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