Barracuda Networks Delivers Strong Growth In Cloud Email Security

 

 

 

 

Acceleration of cloud email demand for comprehensive email protection

drives increased adoption

 

Highlights:

 

 

· Barracuda’s advanced email protection solutions, including Sentinel and Forensics and Incident Response, added 3,400 new customers in FY2021, which ended February 28, 2021, representing 60 percent year over year growth in new customers.

 

· Barracuda saw strong sales performance through Q4 FY2021, driven by key product innovations in email and data protection solutions for Office 365, which included 112 percent year over year growth in sales of Barracuda Cloud-to-Cloud Backup.

 

· Annual recurring revenue (ARR) for Barracuda MSP’s email protection solutions grew 66 percent year-over-year at the end of Q4 FY2021.

 

 

Barracuda Networks, Inc., a trusted partner and leading provider of cloud-enabled security solutions,  announced product milestones and sales growth rates for its email protection business, which was accelerated by increased Office 365 adoption, and higher demand for Barracuda Sentinel, Barracuda’s advanced technology that leverages API integration to protect businesses from spear phishing, account takeover, business email compromise and other advanced threats.  

 

 

Through innovations in detection efficacy and enhanced classifiers leveraging machine learning to counter the increased sophistication of advanced email threats, Sentinel annual recurring revenue grew 40 percent year-over-year at the end of Q4 FY2021.   

Email protection solutions achieved notable revenue growth in EMEA (Europe, Middle East and Africa) markets with annual recurring revenue for email protection solutions growing in aggregate 65 percent year-over-year at the end of Q4 FY2021.

 

 

 India, 14^th May 2021