Tag: Barracuda

Barracuda hooked by Thoma Bravo

Barracuda-1Security outfit Barracuda Networks has been acquired by equity men Thoma Bravo in a deal worth $1.6 billion.

Barracuda CEO BJ Jenkins said: “We believe the proposed transaction offers an opportunity for us to accelerate our growth with our industry-leading security platform that’s purpose-built for highly distributed, diverse cloud and hybrid environments.”Thoma Bravo has an excellent history of investing in growing security businesses, and this transaction speaks to the value and strength of Barracuda’s security platform, which helps customers protect and manage their networks, applications, and data.

“We will continue Barracuda’s tradition of delivering easy-to-use, full-featured solutions that can be deployed in the way that makes sense for our customers.”

The transaction is expected to close before the end of Barracuda’s fiscal year on 28 February.

Barracuda was expected to be bought because of its relatively low share price, and because it has been bought by a private equity buyer its product portfolio will be left alone and  diluted into the portfolio of a security rival

Barracuda swallows cloudy security outfit Sonian

Barracuda-1Barracuda has written a cheque for the cloud security and data protection vendor Sonian.

Founded in 2017, Sonian flogs cloud archiving and analytics products. Barracuda says buying it is part of a cunning plan to bolster its channel presence

It means that Barracuda can add to the data protection capabilities its platform already has around Office 365.

The Sonian platform was designed with OEMs and managed service providers (MSP) in mind.

Barracuda CEO BJ Jenkins said that Sonian had done a great job of building and delivering a native cloud platform designed to meet the needs of partners and customers.

He said that Sonian’s analytics and AI can be integrated with Barracuda’s data protection to provide a more complete market solution.

Barracuda said that Sonian brings with it over 32,000 new customers and many large MSP partnerships.

Sonian CEO Tim McKinnon said: “The potential of Sonian’s technology and go-to-market model combined with Barracuda’s scale and complementary products creates a powerful value proposition for both partners and customers.”

 

Barracuda Networks partners CMS to help fish for more MSPs

Barracuda Networks wants to see more growth from its managed service provider department and signed up 6c3b7ef950-komodo-055CMS Distribution.

Barracuda has been growing the number of managed service providers it works with, building on the technology it acquired with the Intronis purchase 15 months ago.

The idea of signing up CMS Distribution is to help it reach even more MSPs across the UK and Ireland with the distributor offering cloud security and data protection.

Barracuda has spiced up its line-up with a next-generation firewall and managed backup appliance to the services it can offer partners and has found that its partner numbers have been swelling.

The vendor has made no secret of its plans to expand its channel base and the CMS signing is part of that strategy but should also appeal to the resellers that work with the distributor.

CMS Distribution software solutions group director Justin Griffiths said that Barracuda MSP offered a stable and scalable platform for our partners who are interested in breaking into the MSP market and to our existing MSP partners wanting to expand their portfolio.

 

 

Barracuda makes new channel appointments

eyetry.jpgSecurity firm Barracuda Networks has poached Ezra Hookano as its vice president of channels and also poached Hatem Naguib from VM Ware.

Barracuda said that Hookano was its vice president of sales for its first six years and grew it to turnover $100 million in revenue.

Since Barracuda he was VP of channels for Exablox and VP of worldwide channels for Fusion-Io.

He’s also worked at Drobo, Clyde Digital, Dana and SonicWall.
Both individuals have been hired continue building its channel organisation, said B Jenkins, president and CEO of Barracuda.
Barracuda specialises in cloud enabled applications and its expertise is used in 150,000 organisations worldwide, said Jenkins.

Security firm Barracuda Networks has poached Ezra Hookano as its vice president of channels and also poached Hatem Naguib from VM Ware.

Barracuda said that Hookano was its vice president of sales for its first six years and grew it to turnover $100 million in revenue.

Since Barracuda he was VP of channels for Exablox and VP of worldwide channels for Fusion-Io.

He’s also worked at Drobo, Clyde Digital, Dana and SonicWall.
Both individuals have been hired continue building its channel organisation, said B Jenkins, president and CEO of Barracuda.
Barracuda specialises in cloud enabled applications and its expertise is used in 150,000 organisations worldwide, said Jenkins.