Software & SaaS

Barracuda Networks

Thoma Bravo acquired Barracuda Networks, an email and network security company, for $1.6B in 2017. Sold to KKR in 2022 for $4B. During Thoma Bravo ownership, the company transitioned customers from perpetual licenses to subscriptions, raising costs for many SMBs.

FOUNDED
2003
ACQUIRED
Thoma Bravo, 2017, $1.6B

Editorial Record

maintained by DeathbyPE. Every claim links to a public source.

Timeline

2003

Barracuda Networks founded

2017

Acquired by Thoma Bravo for $1.6B

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