Managed DNS service provider Dyn has secured a $38 million investment from venture capital firm North Bridge.
The minority investment is Dyn’s first. It’s been bootstrapped since its founding 11 years ago, according to founder and CEO Jeremy Hitchcock.
As part of the deal, noted tech investor Jason Calacanis has joined Dyn’s board, along with Hitchcock, company co-founder Tom Daly and two North Bridge partners, Ric Fulop and Russ Pyle.
“I am not building an exit strategy. I am creating an economic engine,” Hitchcock said in an open letter to customers.
“Plus, we had experienced 70 percent growth year over year. We were doing a pretty good job of growing by ourselves but we want to be a step ahead,” he said.
ICANN is having a big rethink about how it decides where to drag the community to on its thrice-yearly meetings.
A proposal published tonight would reduce the number of cities it visits between 2014 and 2016 from nine to seven, meaning Africa and North America would both lose a meeting.
ICANN says its meetings are getting bigger and it’s getting harder to find suitable locations that it hasn’t already been to:
As ICANN Meetings have increased in size and scope, the number of facilities capable of hosting an ICANN Meeting has decreased considerably. In addition, the number of facilities that actually meet all of the established meeting location selection criteria is very limited.
ICANN Meetings have already been held in more than 40 different cities worldwide. It is becoming increasingly difficult to identify new hosts, as well as new host cities with the appropriate facilities.
Under the new proposal, ICANN would pre-select conference centers worldwide that are big enough, are easy to get to, have decent internet access, have plenty of nearby hotels and so forth.
It reckons it could save money by negotiating multi-year deals with such venues, but that this would mean a reduced number of locations.
Under ICANN’s current plan, 2014-2016 would see two meetings in Europe, two in North America, two in Asia-Pacific, two in Africa, and one in Latin America. Each would be in a different city.
The new plan would increase Europe and Asia-Pacific to three meetings each, but in four countries instead of six. Africa and North America would both lose a meeting. Latin America would still have one meeting.
ICANN wants to know what you think about this idea. I can see it being divisive along predictable lines.
There are now more than 240 million registered domain names on the internet, according to Verisign.
Its latest Domain Name Industry Brief reports that a net of 7.3 million names were added across all TLDs in the second quarter, a 3.1% sequential increase, up 11.9% on Q2 2011.
Verisign’s own .com and .net hit 118.5 million domains by the end of June, up 1.6% sequentially and 7.8% year-over-year. Renewals were at 72.9%, down from 73.9% in Q1.
The company reported that new .com and .net registrations in the period totaled 8.4 million.
Directi says it sold 11,000 .pro domains via its ResellerClub channel in the first month after it started supporting the TLD.
That’s pretty impressive going, given that the whole of .pro was only about 155,000 domains at the last count, enough to put the registrar into fifth place for .pro domains under management.
ResellerClub’s wholesale price until October 31 is $2.99, with two free email accounts, according to the company.
The surge will prove useful to .pro registry Afilias, which expects to see over 40,000 domains — all of them US Zip codes registered to .pro’s former owner Hostway — drop this month.
Two reseller-oriented registrars this week have enabled their resellers to start taking new gTLD pre-registrations.
Key-Systems said its RRPproxy API and web interface now support pre-regs for hundreds of applied-for gTLDs, noting that the transactions are “an expression of interest without any commitment”.
The company seems to have filtered out the obvious dot-brands, but it’s still offering some gTLDs — such as .antivirus and .lifeinsurance — whose applicants are planning single-registrant models.
Separately today, Hexonet launched its Expressions Of Interest offering to enable its resellers to take “non-binding requests” for domains in possible forthcoming gTLDs.
Opinions are mixed about whether these kinds of services are good for the industry’s reputation. There’s no guarantee that these gTLDs will launch, or whether these registrars will qualify to sell them.