Barracuda Networks

Barracuda Networks
Public
Traded as NYSE: CUDA
Industry Computer security and
Computer data storage
Founded 2003
Founder Dean Drako
Michael Perone
Zach Levow
Headquarters Campbell, California, United States
Key people
BJ Jenkins, (CEO)
Michael Perone (CMO)
Zach Levow (CTO)
Products Spam Firewalls,
Web filters,
Load balancers,
Email Archivers,
Web Site Firewalls,
SSL/VPNs,
Backup software,
NG Firewalls,
Backup Appliances
Number of employees
1000-5000
Website www.barracuda.com

Barracuda Networks, Inc. is a company providing security, networking and storage products based on network appliances and cloud services. The company's security products include products for protection against email, web surfing, web hackers and instant messaging threats such as spam, spyware, trojans, and viruses. The company's networking and storage products include web filtering, load balancing, application delivery controllers, message archiving, NG firewalls, backup services and data protection.[1]

History

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.[2][3][4] In 2007 the company moved its headquarters to Campbell, California,[5] and opened an office in Ann Arbor, Michigan.[6]

In January 2006, it closed its first outside investment of $40 million from Sequoia Capital and Francisco Partners.[7]

On January 29, 2008, Barracuda Networks was sued by Trend Micro over their use of the open source anti-virus software Clam AntiVirus, which Trend Micro claimed to be in violation of their patent on 'anti-virus detection on an SMTP or FTP gateway'.[8] In addition to providing samples of prior art in an effort to render Trend Micro's patent invalid, in July 2008 Barracuda launched a countersuit against Trend Micro claiming Trend Micro violated several antivirus patents Barracuda Networks had acquired from IBM.[9]

In December 2008, the company launched the BRBL (Barracuda Reputation Block List), its proprietary and dynamic list of known spam servers, for free and public use in blocking spam at the gateway.[10] Soon after opening BRBL many IP addresses got blacklisted without apparent reason and without any technical explanation.[11][12][13][14]

As of October 2009, Barracuda had over 85,000 customers.[15] As of November, 2011, Barracuda had more than 130,000 customers.[16] As of January, 2014, Barracuda has more than 150,000 customers worldwide.[17]

In 2012, the company became a co-sponsor of the Garmin-Barracuda UCI ProTour cycling team [18] and entitlement sponsor of the 2011 Indianapolis 500 champion Bryan Herta Autosport in the IZOD IndyCar Series, with the #98 Lotus driven by Alex Tagliani, who will defend the team's championship.[19]

Barracuda Networks expanded its research and development facility in Ann Arbor to a 12,500 square foot office building on Depot Street in 2008.[20] By 2012, the Michigan-based research division had grown to about 180 employees, again outgrowing its space. In June, 2012, Barracuda signed a lease to occupy the 45,000 square foot office complex previously used as the Borders headquarters on Maynard St in downtown Ann Arbor.[21]

In July 2012, Dean Drako, Barracuda Networks’s co-founder, president and CEO since it was founded in 2003, resigned his operating position, remaining on the company’s board of directors.[22] At the time of Drako’s departure, the company stated it had achieved profitability,[23] a nearly ongoing 30 annual percent growth rate since inception, 150,000 customers worldwide, nearly 1,000 employees, 10 offices, and did business in 80 countries.[24] The company created the office of the CEO as it started a CEO search.[25]

In November 2012, long-time EMC executive William "BJ" Jenkins joined the company as President and CEO.[26] Jenkins worked at EMC since 1998 and most recently served as president of EMC's Backup and Recovery Systems (BRS) Division.

In November 2013, Barracuda Networks went public on the New York Stock Exchange under the ticker symbol CUDA.[27]

In March 2015, Barracuda Networks expanded its business to North Asia and was distributed by TriTech Distribution Limited in Hong Kong.[28]

In November 2015, Barracuda added new Next Generation Firewall to its firewall family.[29]

Barracuda has announced future discontinuation of its Copy and CudaDrive services as of May 2016.[30]

Products

Barracuda Next Gen Firewall X-Series
As with most Barracuda solutions, the Barracuda Next Gen Firewall can be deployed on premises as a hardware appliance, or in private or public cloud networks as a virtual appliance.

Acquisitions

In September 2007, Barracuda Networks acquired NetContinuum, a company providing application controllers to secure and manage enterprise web applications.[47]

In November 2008, Barracuda Networks expanded into cloud-based backup services by acquiring BitLeap.[48]

In November 2008, Barracuda Networks acquired 3SP, allowing the company to introduce Secure Sockets Layer (SSL) Virtual Private Network (VPN) products to allow secure remote access to network file shares, internal Web sites and remote control capabilities for desktops and servers.[49]

In January 2009, Barracuda Networks acquired Yosemite Technologies to add software agents for incremental backups of applications such as Microsoft Exchange Server and SQL Server, and Windows system states.[41][50]

September 2009, Barracuda Networks acquired controlling interest in phion AG, an Austria-based public company delivering enterprise-class firewalls.[51]

In October 2009, Barracuda Networks acquired Purewire Inc, a software as a service (SaaS) company offering cloud based web filtering and security.[52][53]

In April 2013, Barracuda Networks acquired SignNow.[54]

In 2014, Barracuda Networks purchased C2C Systems UK.[55]

In October 2015, Barracuda Networks acquired Intronis.[56]

Security Issue

In January 2013, a backdoor was discovered: "A variety of firewall, VPN, and spam filtering gear sold by Barracuda Networks contains undocumented backdoor accounts that allow people to remotely log in and access sensitive information, researchers with an Austrian security firm have warned." The backdoor was then secured shortly after the announcement.[57]

See also

References

  1. Company Product Page Barracuda Networks. Retrieved 2010-02-10.
  2. Channel Web CEO and founder Dean Drako departs Barracuda
  3. Ernst & Young Northern California's Ernst & Young Entrepreneur Of The Year(R) Award Winners Announced
  4. VentureBeat Barracuda swallows Purewire as it becomes a bigger fish in web-based security services
  5. The Campbell Reporter Barracuda Networks sinks its teeth into site on Winchester Boulevard
  6. Crain's Detroit Business Silicon Valley firm picks Ann Arbor for office
  7. NetworkWorld Barracuda attracts $40 million in venture investment Archived June 13, 2011, at the Wayback Machine.
  8. Ars Technica Barracuda defends open-source antivirus from patent attack
  9. Ars Technica Barracuda bites back at Trend Micro in ClamAV patent lawsuit
  10. Linux.com Barracuda offers a new alternative to Spamhaus
  11. "Problems with Barracuda blacklist". Andrew.triumf.ca. 2007-10-22. Retrieved 2013-07-11.
  12. "Everything Linux and Open Source". Linux.com. 2008-12-17. Retrieved 2013-07-11.
  13. "BarracudaCentral – another blacklist black hole". Steve.heyvan.com. 2008-11-06. Retrieved 2013-07-11.
  14. "BarracudaCentral - Spiceworks". Community.spiceworks.com. 2009-02-12. Retrieved 2013-07-11.
  15. San Jose Business Journal Barracuda Networks buys Purewire
  16. eChannel News Barracuda Expands to Over 130,000 Customers Worldwide
  17. Barracuda news release
  18. "Garmin-Cervélo becomes Garmin-Barracuda". January 11, 2012.
  19. "Bryan Herta Autosport Names Barracuda Networks as Primary Sponsor". January 13, 2012.
  20. Martin, Mike (October 1, 2008). "Barracuda Networks moves into 201 Depot Street in Ann Arbor". Concentrate Media. Retrieved July 22, 2013.
  21. Alfs, Lizzy. "Barracuda Networks signs deal to move hundreds of jobs to ex-Borders offices in downtown Ann Arbor". AnnArbor.com. Archived from the original on 10 November 2013. Retrieved 29 June 2012.
  22. AnnArbor Barracuda Networks CEO resigns to pursue other avenues
  23. ChannelNomics Barracuda Networks CEO resigns
  24. CRN Barracuda Networks CEO resigns
  25. Channel Register Exit the Dragon: Barracuda Network CEO stands down
  26. SJ Mercury News Biz Break: Barracuda Networks IPO primes pump for Twitter
  27. "Barracuda Distributor In HK | Barracuda HK". www.ttdist.com. Retrieved 2015-11-27.
  28. "Barracuda Adds Powerful New Solutions to Next-Generation Firewall Product Family". Yahoo Finance. Retrieved 2015-11-27.
  29. 1 2 Copy - End of Life
  30. "Barracuda Uses AI to Defend Against Spear Phishing and Cyber Fraud". TechSpective. 2017-06-28. Retrieved 2017-06-28.
  31. ComputerWorld Barracuda Networks launches antispam appliance line
  32. eChannelline Barracuda launches Spam Firewall for large enterprises
  33. InformationWeek Barracuda Rolls Out Spyware-Blocking Appliance
  34. IT & Security Portal Barracuda Networks Launches Barracuda Load Balancer
  35. ISP Planet Barracuda's Message Archiver Archived December 2, 2008, at the Wayback Machine.
  36. Comms Express New SSL VPN Announced
  37. eChannelline Barracuda puts bite on SMB Web application controller
  38. ISP Planet Barracuda Networks' Link Balancer Archived March 23, 2009, at the Wayback Machine.
  39. Information Week Barracuda Swims Into The Cloud
  40. 1 2 PCWorld Backup Merger Unites Barracuda, Yosemite
  41. Channel Insider Barracuda Acquires Cloud Security Vendor Purewire
  42. InfoSecurity Barracuda moves into distributed firewall technology
  43. Barracuda Networks Launches CudaTel – New VoIP PBX Based on the Open Source FreeSWITCH Project
  44. "Copy, Cloud Storage and Sharing Platform by Barracuda Networks". News release. March 1, 2013. Retrieved January 24, 2014.
  45. "Barracuda Networks Launches Ultimate File Sharing, Sync and Storage Service Based on Secure Global Barracuda Cloud". PRWeb. February 20, 2013. Retrieved January 24, 2014.
  46. SCMagazine Barracuda Networks buys NetContinuum
  47. InformationWeek Barracuda Swims Into The Cloud
  48. Eweek Barracuda Networks Breaks into SSL VPN Space
  49. https://www.reuters.com/article/2009/01/27/idUS118985+27-Jan-2009+BW20090127
  50. Silicon Valley Business Journal Barracuda Networks takes controlling interest in phion
  51. Atlanta Business Chronicle Barracuda buys Purewire Inc.
  52. https://www.reuters.com/article/2011/02/02/idUS135956+02-Feb-2011+MW20110202
  53. BusinessCloud
  54. http://www.zdnet.com/barracuda-acquires-signnow-cloud-data-storage-7000015743/
  55. http://www.betaboston.com/news/2015/09/29/chelmsford-storage-firm-intronis-acquired-by-barracuda-networks/
  56. Dan Goodin (January 24, 2013). "Secret backdoors found in firewall, VPN gear from Barracuda Networks". Ars Technica. Retrieved July 22, 2013.
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