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About Barracuda Networks, Inc.

Barracuda Networks hunts down network threats. The company provides firewalls that combine computer network hardware and software to protect enterprises from email spam, viruses, and spyware. Other products include appliances for e-mail archiving, web filtering, and load balancing. It serves businesses in industries such as consumer goods, financial services, manufacturing, retail, technology, and utilities. Barracuda also provides professional services, such as support, consulting, and implementation. Its diverse customer list includes Coca-Cola, Harvard, IBM, and Volkswagen. California-based Barracuda is owned by private equity firm Thoma Bravo.

Change in Company Type

With its sale to Thoma Bravo for about $1.6 billion, Barracuda Networks became a private company in 2017. It joined Thoma Bravo's stable of software companies that includes Riverbed Technology and Compuware.

Strategy

Barracuda has focused on its making its managed service provider (MSP) offerings a major part of its portfolio. The company's research and development has centered on providing better tools for MSP tasks such as email protection and data networking applications. The company has found that companies' adoption of Microsoft's software-as-a-service Office 365 and the overall increased distribution of applications over the cloud has boosted the MSP market.

As part of its MSP drive, Barracuda acquired Managed Workplace, a remote monitoring and management (RMM) platform from Avast Software. The product's capabilities include security assessments, comprehensive reporting for advising new and old clients, service plans, real-time monitoring and alerts, and asset management.

Barracuda also has tried to change its approach to its channel partners, an important sales conduit for the company. The company promised its channel partners more marketing support, training, and improved communication. Other changes included a simplified the licensing and upgrade process.

Mergers and Acquisitions

In 2019 Barracuda acquired the Managed Workplace business, which provides remote monitoring and management (RMM) applications, from Avast Software. The deal adds RMM tools to Barracuda's offerings. As part of the transaction, Barracuda became a reseller of some Avast software.

Barracuda Networks, Inc.

3175 WINCHESTER BLVD
Campbell, CA 95008-6557
Phone: 1 (408) 342-5400

Stats

Employer Type: Publicly Owned
Chairman: Jeffry R. Allen
CFO: Dustin Driggs
President, CEO, and Director: William Jenkins
Employees (This Location): 225
Employees (All Locations): 1,490