Dyn, a Manchester, N.H.-based provider of a Internet Performance Management (IPM) platform, secured $50m in Series B equity funding.
Pamplona Capital Management, a global private equity firm, made the inverstment. As part of Pamplona’s investment, Justin Perreault, a partner, has joined Dyn’s Board of Directors.
The company intends to use the funds to strengthen its global go-to-market growth strategy and accelerate product development.
Led by CEO and co-founder Jeremy Hitchcock, Dyn provides an IPM platform that monitors, controls and optimizes applications and infrastructure through Data, Analytics, and Traffic Steering, giving IT transparency to global businesses like Pfizer, Visa, Netflix, and Twitter, among others.
In addition to the funding, the company announced the public launch of its new platform.