Acquisition by Oracle Oracle Dyn Global Business Unit Type 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,, 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). October 2016: Colin Doherty was appointed the company's CEO. May 2016: Dyn launched its platform for Internet performance management. The company had scaled to approximately $100M in annual recurring revenue prior to its acquisition by Oracle. May 2016: Dyn obtained further equity funding of US$50 million from Pamplona Capital Management total funding was $100M. September 2014: Dyn launched Dyn Internet Intelligence, a SaaS-based product. Īpril 2014: Dyn announced the discontinuation of its free hostname services effective May 7. Īugust 2013: Dyn launched its annual geek summer camp event, a business conference for the Internet performance industry. Prior to the investment from North Bridge, the company had been self funded. October 2012: Dyn completed a Series A round of venture capital funding totaling US$ 38 million from North Bridge Venture Partners. In the same year, Dyn opened new headquarters in Manchester, New Hampshire, United States. Later, a premium service called the DynECT Managed DNS Platform became available in 2008, with the hiring of Kyle York, Gray Chynoweth and Cory von Wallenstein, as the business began to scale.Ģ011: Dyn opened an office in London, and it eventually moved its EMEA headquarters to Brighton. The donation based model continued until 2002, and stopped with a launch of "donator-only" DNS services. The project required $25,000 to stay open, and raised over $40,000. The first iteration was a free dynamic DNS service known as DynDNS. The project then moved towards domain name system (DNS) services. Originally, Dyn enabled students to access lab computers and print documents remotely. Eventually Wilde brought in Hitchcock and Daly as partners. Dyn was created as a community-led student project by Tim Wilde, who then hired Jeremy Hitchcock, Tom Daly and Chris Reinhardt during their undergraduate studies at Worcester Polytechnic Institute.
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