TechHampshire.comManchester, NH (October 2, 2012) – Dyn, the Infrastructure as a Service leader, announced today it has received a $38 million Series A minority investment led by North Bridge.
This is the first-ever outside funding received by the managed DNS and Email Delivery provider that incorporated in 2001. Since its origins at Worcester Polytechnic Institute, the company organically bootstrapped, securing a roster of enviable enterprise clients including Twitter, Zappos, CNBC and Pandora.
For North Bridge, the investment represents a chance to partner with one of the fastest growing technology companies in New England which has seen 70 percent compounding annual revenue growth in the past three years.
“We are doubling down in our commitment to being the world leader in Infrastructure as a Service and are delighted to partner with North Bridge, one of the leading technology and infrastructure investors in the country,” said Dyn CEO and co-founder Jeremy Hitchcock. “This investment better positions us to cement our leadership position within a rapidly growing multi-billion dollar IaaS opportunity.”