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Barracuda Networks was founded in 2003 by Dean Drako (founding CEO), Michael Perone, and Zach Levow; the company introduced the Barracuda Spam and Virus Firewall in the same year. [1] In 2007 the company moved its headquarters to Campbell, California , [ 2 ] and opened an office in Ann Arbor, Michigan .
Apr 12, 2022 · During Thoma Bravo’s ownership, Barracuda expanded and enhanced its product suite, implemented best-in-class operational processes and successfully executed a number of strategic acquisitions, which together propelled the Company to profitable and accelerating growth at over $500mm of revenue and enabled more customers to comprehensively protect their employees, applications, networks and data.
Aug 16, 2022 · New York & San Francisco – August 16, 2022 – KKR, a leading global investment firm, and Barracuda Networks, Inc. (“Barracuda” or the “Company”) a leading provider of cloud-first security solutions, today announced that KKR’s investment funds have completed an acquisition of Barracuda from Thoma Bravo, a leading software investment firm.
Aug 16, 2022 · About Barracuda Networks. At Barracuda we strive to make the world a safer place. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. We protect email, networks, data, and applications with innovative solutions that grow and adapt with our customers’ journey.
NEW YORK, NY and SAN FRANCISCO, CA – April 12, 2022 – KKR, a leading global investment firm, today announced the signing of a definitive agreement under which KKR’s investment funds will purchase Barracuda Networks Inc. (“Barracuda” or “the Company”), a leading provider of cloud-first security solutions, from Thoma Bravo, a leading software investment firm.
Shareholders to Receive $27.55 per Share in Cash. CAMPBELL, Calif. —Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced that it has entered into an agreement to be acquired by leading private equity investment firm Thoma Bravo, LLC. in an all-cash transaction valued at $1.6 billion.
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Aug 18, 2022 · August 18, 2022. Barracuda. Mail backup and security vendor Barracuda Networks has been sold by its private equity owner to another, giving an indication of late-stage startup life after an IPO had been ruled out. Barracuda was acquired for $1.6 billion in November 2017 by Thoma Bravo, a private equity investment company.
