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Dyn grabs $38 million in funding

Kevin Murphy, October 3, 2012, Domain Services

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.

Comwired buys DNS.com for relaunch

Kevin Murphy, April 26, 2010, Domain Services

Comwired has acquired the domain name DNS.com in order to relaunch as a provider of managed enterprise DNS services.

The company announced this morning that it bought the domain, first registered in 1991 and previously parked, for an undisclosed amount.

The transaction appears to have happened at the end of last month and the site is already live.

With the acquisition, Comwired looks like it’s targeting the market for high-availability DNS resolution currently occupied by the likes of Neustar, Afilias and Dynamic Network Services.

The company was perhaps previously best-known for the geographic traffic-splitting service it offered to domainers and others.

The Whois record for DNS.com still shows a Moniker private registration, which I speculate would not be an exactly comforting sight for would-be enterprise customers.