diff --git a/addon.gypi b/addon.gypi
index 3377942421..bda1516d39 100644
--- a/addon.gypi
+++ b/addon.gypi
@@ -36,16 +36,19 @@
         # If the addon specifies `'win_delay_load_hook': 'true'` in its
         # binding.gyp, link a delay-load hook into the DLL. This hook ensures
         # that the addon will work regardless of whether the node/iojs binary
-        # is named node.exe, iojs.exe, or something else.
+        # is named node.exe, iojs.exe, node.dll or something else.
         'conditions': [
           [ 'OS=="win"', {
             'sources': [
               '<(node_gyp_dir)/src/win_delay_load_hook.c',
             ],
+            'libraries': [
+              '-lShlwapi.lib'
+            ],
             'msvs_settings': {
               'VCLinkerTool': {
-                'DelayLoadDLLs': [ 'iojs.exe', 'node.exe' ],
-                # Don't print a linker warning when no imports from either .exe
+                'DelayLoadDLLs': [ 'iojs.exe', 'node.exe', 'node.dll' ],
+                # Don't print a linker warning when no imports from delay loaded binary
                 # are used.
                 'AdditionalOptions': [ '/ignore:4199' ],
               },
diff --git a/src/win_delay_load_hook.c b/src/win_delay_load_hook.c
index f397cfa195..ef4823d72e 100644
--- a/src/win_delay_load_hook.c
+++ b/src/win_delay_load_hook.c
@@ -11,21 +11,48 @@
 
 #define WIN32_LEAN_AND_MEAN
 #include <windows.h>
-
+#include <Shlwapi.h>
 #include <delayimp.h>
 #include <string.h>
 
 static FARPROC WINAPI load_exe_hook(unsigned int event, DelayLoadInfo* info) {
-  HMODULE m;
+
   if (event != dliNotePreLoadLibrary)
     return NULL;
 
   if (_stricmp(info->szDll, "iojs.exe") != 0 &&
-      _stricmp(info->szDll, "node.exe") != 0)
+      _stricmp(info->szDll, "node.exe") != 0 &&
+      _stricmp(info->szDll, "node.dll") != 0)
     return NULL;
 
-  m = GetModuleHandle(NULL);
-  return (FARPROC) m;
+  // Get a handle to the current process executable.
+  HMODULE processModule = GetModuleHandle(NULL);
+
+  // Get the path to the executable.
+  TCHAR processPath[_MAX_PATH];
+  GetModuleFileName(processModule, processPath, _MAX_PATH);
+
+  // Get the name of the current executable.
+  LPSTR processName = PathFindFileName(processPath);
+
+  // If the current process is node or iojs, then just return the proccess module.
+  if (_stricmp(processName, "node.exe") == 0 ||
+      _stricmp(processName, "iojs.exe") == 0) {
+    return (FARPROC)processModule;
+  }
+
+  // If it is another process, attempt to load 'node.dll' from the same directory.
+  PathRemoveFileSpec(processPath);
+  PathAppend(processPath, "node.dll");
+
+  HMODULE nodeDllModule = GetModuleHandle(processPath);
+  if(nodeDllModule != NULL) {
+    // This application has a node.dll in the same directory as the executable, use that.
+    return (FARPROC)nodeDllModule;
+  }
+
+  // Fallback to the current executable, which must statically link to node.lib.
+  return (FARPROC)processModule;
 }
 
 PfnDliHook __pfnDliNotifyHook2 = load_exe_hook;