No-IP: Strategic Majority Investment Completed And Suchit Rout Named As New CEO

By Amit Chowdhry • Yesterday at 11:49 PM

No-IP Technologies has completed a strategic and majority investment in Vitalwerks Internet Solutions, the company behind No-IP. The transaction introduces a new leadership structure and positions the DNS and remote access provider for expanded innovation, product development, and partner growth initiatives. As part of the transition, founder Dan Durrer will move into the role of Founder and Chief Technology Officer. Suchit Rout, Founder and Managing Partner of Indus Growth Fund, will assume the role of Chief Executive Officer.

The investment is designed to accelerate No-IP’s roadmap across remote access, DNS services, and tools for individuals, businesses, and managed service providers. With more than 30 million global customers and a 25-year operating history, No-IP has established itself as one of the most recognized Dynamic DNS providers and has spent recent years evaluating long-term partners capable of supporting the next stage of expansion.

The company emphasized that customers should expect continuity in service, reliability, and support while benefiting from a strengthened product pipeline. No-IP is now focusing on delivering modern management tools, deeper MSP capabilities, and broader ecosystem integrations as part of its expanded long-term strategy.

Incoming CEO Suchit Rout brings experience in technology, channel-centric growth, and general management, and has been a longtime No-IP customer before investing in and joining the company. No-IP noted that Rout’s decision was driven by the company’s culture, customer relationships, and strong following among power users, OEMs, and MSPs. Company leaders highlighted that the combination of additional resources and stable leadership is expected to accelerate innovation while preserving the company’s established reputation for reliability.

Board members and investors expressed confidence that the partnership will strengthen No-IP’s ability to scale, invest in new solutions, and deliver expanded value for customers in the coming years. Advisors to the transaction included Merit Investment Bank for No-IP, BakerHostetler for Indus Growth Fund, and Mowery and Schoenfeld for accounting and tax advisory support.

KEY QUOTES

“We’ve been looking for the right financial and strategic partner for quite some time, and we believe this investment gives No-IP exactly what it needs to reach the next level. This transition allows me to return to my passion for technology and product innovation while ensuring we have the leadership and resources necessary to grow our offerings and better serve our customers.”

Dan Durrer, Founder and CTO of No-IP

“Having relied on No-IP as a customer for many years, I’ve always admired the company’s technology, people, and commitment to reliability. I believed in the company so much that I chose to invest in it, and I’m honored to lead No-IP into its next era of growth.”

“We aim to preserve what makes No-IP unique while building on the solid foundation established by Dan and the No-IP team. We plan to expand our product options, enhance support for OEMs, MSPs, and power users, and speed up innovation throughout the company.”

Suchit Rout, Chief Executive Officer, No-IP

“These investments accelerate our ability to build new solutions and deliver more value to customers, while preserving the stability and reliability that have defined No-IP for over 25 years.”

Jason Puccinelli, Chief Operating Officer, No-IP

“No-IP has a loyal customer base, a resilient business model, and a clear opportunity to scale. This partnership strengthens the company’s ability to innovate and deliver even more value to users in the years ahead.”

Susan Pohlmeyer, Board Member, No-IP Technologies, and General Partner, Futaleufu Partners

“This partnership embodies our proven investment approach: long-term capital with committed leadership to build lasting companies. With management continuity, extra resources for innovation, and a strong customer focus, No-IP is well-positioned for growth.”

Larry Dunn, Board Member, No-IP Technologies, and Partner, Endurance Search Partners

“We believe No-IP is exceptionally well-positioned for its next chapter. Dan and the team have built a strong foundation, and the added leadership and investment will accelerate innovation while preserving the company’s deep customer focus.”

Hiten Varia, Board Member, No-IP Technologies, and CEO, Syncro9 PTE. LTD.

“Relay Investments is excited to support No-IP’s next growth phase. Dan and his team built a dedicated company, and we’re excited for Suchit to carry that forward. Relay has worked with Suchit during the transaction and looks forward to joining the Board and supporting No-IP long-term as it enters this new chapter.”

Robin Mohapatra, Board Member, No-IP Technologies, and Operating Partner, Relay Investments