Barracuda Networks

Barracuda Networks designs, develops, manufactures, distributes and sells email and web security appliances. The Company offers cloud-connected solutions that help its customers address security threats, enhance network performance, and protect and store their data. Barracuda Networks’ solutions deliver protection against enterprise-class spam, spyware, viruses and IT infrastructure threats.

Type
Subsidiary
Parent Company
Thoma Bravo
HQ
Campbell, US
Founded
2003
Barracuda Networks was founded in 2003 and is headquartered in Campbell, US

Key People/Management at Barracuda Networks

William "BJ" Jenkins

William "BJ" Jenkins

President & CEO
Zachary Levow

Zachary Levow

Co-Founder, Executive Vice President and CTO
Michael Perone

Michael Perone

Co-Founder, Executive Vice President and CMO
Hossein Ghazizadeh

Hossein Ghazizadeh

VP, Worldwide Technical Support
Ken Martin

Ken Martin

VP, Worldwide Manufacturing Operations

Barracuda Networks Office Locations

Barracuda Networks has offices in Campbell, Fresno, Paris, Basingstoke and in 28 other locations
North Sydney, AU
L32, 101 Miller Street
Innsbruck, AT
Eduard-Bodem-Gasse 1
Vienna, AT
Lassallestrasse 7A / Unit 4 / D1
Aartselaar, BE
Kontichsesteenweg 71/2
Paris, FR
12 place de la Défense Maison de la Défense
Basingstoke, GB
Brunel House Stephenson Road Houndmills
Show all (32)

Barracuda Networks Financials and Metrics

Barracuda Networks Summary

Founding Date

2003

Total Funding

$46.4 m

Investors

In total, Barracuda Networks had raised $46.4 m. Barracuda Networks is a subsidiary of Thoma Bravo

Barracuda Networks Financials

Barracuda Networks's revenue was reported to be $352.6 m in FY, 2017
USDFY, 2013FY, 2014FY, 2015FY, 2016FY, 2017

Revenue

198.9 m233.8 m277.4 m320.2 m352.6 m

Revenue growth, %

18%19%15%10%

Cost of goods sold

53.8 m58.7 m70.1 m83.8 m

Gross profit

180 m218.8 m250 m268.9 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Revenue

59.4 m66.2 m68.7 m70.4 m78 m78.4 m80.1 m86.7 m87.9 m88.8 m94.2 m94.3 m

Cost of goods sold

14 m14.4 m14 m14.4 m16 m15.9 m18.4 m20.2 m20.2 m21.1 m23.6 m25.2 m

Gross profit

45.4 m51.8 m54.6 m56 m62 m62.4 m61.7 m66.4 m67.7 m67.7 m70.5 m69.1 m

Gross profit Margin, %

76%78%80%79%80%80%77%77%77%76%75%73%
USDY, 2012Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

126.5 m30.1 m135.9 m151.4 m118.7 m120.2 m

Inventories

5.6 m5.8 m

Current Assets

230.1 m280.3 m241.6 m295.4 m

PP&E

27.8 m31.9 m30 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Cash

117.2 m141.6 m156.6 m159.9 m156.1 m173.7 m117.1 m127 m139.2 m121.1 m126.7 m125.6 m

Inventories

6.4 m4.9 m5.2 m5.1 m4.7 m5.6 m6.1 m6 m5.7 m4.7 m6.4 m6.5 m

Current Assets

211.4 m243.5 m266.1 m288.7 m291.7 m310.9 m251.6 m253.5 m262.3 m283.2 m296.2 m298.7 m

PP&E

20.3 m21.3 m22.2 m24.3 m27.9 m27.8 m31.8 m31.5 m30.3 m29.4 m32.1 m32 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

10.2 m

Depreciation and Amortization

9.1 m8.6 m

Accounts Receivable

(3.6 m)(13 m)4.4 m(4.1 m)

Inventories

(509 k)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018

Net Income

151 k738 k(36 k)(3.8 m)(6.1 m)(7.7 m)2.8 m5.2 m7 m2.7 m4.2 m

Depreciation and Amortization

2.2 m4.5 m7.9 m

Accounts Receivable

(2.3 m)(2.1 m)(1.1 m)1 m2.7 m(3.1 m)872 k(318 k)

Accounts Payable

12.7 m13.8 m(3.1 m)2.2 m(1.7 m)(3.3 m)(6.7 m)(4.9 m)1.3 m(3 m)
Show all financial metrics

Barracuda Networks Revenue Breakdown

Barracuda Networks Median Salaries

Source: 84 public H-1B filings from Barracuda Networks

Barracuda Networks's Web-traffic and Trends

Barracuda Networks Online and Social Media Presence

Barracuda Networks News and Updates

Security business Barracuda Networks acquired for $1.6 billion

 Private equity giant Thoma Bravo has agreed today to buy Barracuda Networks in a take-private deal that’s valued at $1.6 billion. The company was offered $27.55 per share, about 16% above Friday’s close. Though above Barracuda’s 52-week high, the price is down from the over $40 per share where the …

Security issues hindering cloud migration: Barracuda Networks

Survey reveals public cloud use continues to grow, but security remains an issue While the public cloud has grown in popularity among businesses in recent years, security issues have slowed greater adoption, according to a survey conducted by Barracuda Networks, a company that specializes in securit…

Barracuda Networks Company Life and Culture

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