Barracuda accelerates growth in its Data Protection business

Barracuda, a trusted partner and leading provider of cloud-first security solutions, today announced product milestones and strong business growth for its data protection business, which accelerated due to the increasing need for secure backup driven by ransomware and other cyberthreats.
 

Highlights:
•       Barracuda grew its Data Protection new business sales by 30% year-over-year at the end of Q2FY23, significantly boosted by the growth in its Cloud-to-Cloud Backup SaaS product line that protects data stored in Microsoft 365.
•       Barracuda Data Protection solutions achieved impressive growth in international markets with sales growth of 75% year-over-year at the end of Q2FY23.
•       Barracuda has grown its Data Protection customer base to more than 40,000 organizations and protects their data in the cloud.

Through cloud-first innovations Barracuda grew its Data Protection new business sales by 30% year-over-year at the end of Q2FY23. Barracuda Data Protection solutions achieved impressive sales growth in international markets with new business sales up 75% year-over-year at the end of Q2FY23. Barracuda has grown its Data Protection customer base to more than 40,000 organizations and protects their data in the cloud.
 
Business momentum was boosted by the growth in Barracuda’s Cloud-to-Cloud Backup SaaS product line that protects data stored in Microsoft 365. Barracuda Cloud-to-Cloud Backup new business sales are growing at 34% year-over-year at the end of Q2FY23, including 87% growth in international sales.
 
Now transactable in Azure Marketplace for customers and channel partners that want to take advantage of simplified and streamlined procurement and deployment processes, Barracuda Cloud-to-Cloud Backup delivers a fast search and restore experience for Microsoft 365 data, including Teams, Exchange Online, SharePoint, and OneDrive. Compared to traditional backup and recovery solutions, Barracuda’s cloud-native solution provides greater scale and resiliency, fast performance, and wide global coverage to protect Microsoft 365 data created in the cloud.
 
“We saw strong momentum across our data protection business last fiscal year and continuing into this fiscal year,” said Tim Jefferson, SVP, Engineering and Product Management for Data, Networks and Application Security at Barracuda. “With the explosive increase in the usage of Microsoft 365 apps, a modern cloud-native approach is required for protection. Barracuda Cloud-to-Cloud Backup is built and runs natively in the cloud, which enables fast set up, simple management, and no maintenance for Microsoft 365 apps.”