Manchester firm Dyn keeps growing
MANCHESTER — Dyn on Monday announced impressive fourth quarter growth that included 300 new direct customers and 90,000 new self-service customers.
The reported growth comes as Dyn hired about 50 new employees. Topping the list is new Chief Financial Officer Timothy O'Toole, and Scott Hilton was promoted to executive vice president, product.
The key hires focus on continued growth and quality as a global Internet performance leader, said Dyn Chief Operating Officer Gray Chynoweth.
"As we've grown our business, we have stayed committed to engineering excellence," Chynoweth said in a statement. "We have recruited and hired the most technical minds in the business. We're confident that our technology will help our customers move to the next generation Internet."
Phil Hochmuth, formerly an analyst with the Yankee Group and IDC, was hired as head of Market Intelligence.
Other hires who will join Dyn's architecture team:
• Joe Abley, formerly director of DNS Operations at ICANN
• João Damas, formerly CTO of ISC
• Dave Knight, former DNS Operations Manager at ICANN
Dyn announced it saw big growth in traffic management and message management volumes. In the financial quarter ending Dec. 31, 2013, Dyn increased the number of emails it delivered by 221 percent over the same quarter a year ago, according to the company.
It recently joined the ranks of the top five email delivery providers to organizations ranked in the Alexa 1000, according to Datanyze.
"Dyn is to be congratulated for its success," said Jim Roche, president of the Business & Industry Association of New Hampshire. "Having said that, most BIA members in the technology and advanced manufacturing space that I speak with are doing well, but face continued uncertainty with respect to the U.S. and global economies. That translates into more careful, and by extension, slower plans for hiring new employees."
Matt Cookson, of Cookson Strategies Corp. and executive director of the NH High Tech Council, said it bodes well for New Hampshire's tech ecosystem.
"Dyn is a great example of New Hampshire natives building and growing a highly successful company here, when they could have gone elsewhere," Cookson said. "The company is also very committed to supporting additional new ventures and enhancing our innovation economy, which is terrific. As a tech community, we need to nurture our future Dyns, fund them, mentor them and grow them, as we all benefit from a strong tech ecosystem in NH that creates higher paying jobs, advances economic development, and demonstrates our entrepreneurial culture. Dyn is incredibly supportive of the High Tech Council and if we can build and grow more companies that have this commitment to New Hampshire, we all benefit."