Barracuda Acquires Sonian Inc.

CAMPBELL, Calif., Nov. 8, 2017 /PRNewswire/ -- Barracuda Networks, Inc. (NYSE: CUDA), a leading provider of cloud-enabled security and data protection solutions, today announced it has acquired privately held Sonian Inc. (Sonian), a leading provider of public cloud archiving and business insights. This acquisition will deepen Barracuda's cloud archiving, and email security and management capabilities, as well as expand Barracuda's channel reach with the addition of key OEM partners.

Sonian's archiving and analytics capabilities enable customers to preserve, access and act on communications data, and apply these insights to their business to reduce risks and increase productivity. Using those insights, businesses can identify potential threats in communications data before they escalate into larger problems, which has become increasingly important in today's dynamic threat environment. Adding these capabilities to Barracuda's security platform deepens the security and data protection offering to customers in their Microsoft Office 365 and other cloud environments.

"The Sonian team has done a great job of building and delivering a native cloud platform designed to meet the needs of partners and customers," said BJ Jenkins, CEO and president of Barracuda. "The Sonian platform will enable us to continue to drive differentiation and leadership as customers move to Office 365. Further, we believe there is an opportunity to integrate Sonian's analytics and AI with our data protection portfolio, which combined with our leading security solutions, provides a more complete solution to the market."

"Flexibility, ease of ownership, and reliability of cloud platforms continue to drive significant market demand," said Tim McKinnon, CEO and president of Sonian. "The potential of Sonian's technology and go-to-market model combined with Barracuda's scale and complementary products creates a powerful value proposition for both partners and customers."

Highlights of Sonian and the combination include:

• Purpose-Built Cloud Platform – Born in the cloud and designed natively to take advantage of public cloud scale and cost characteristics, Sonian provides a powerful platform enabling rapid expansion and high reliability via Amazon Web Services (AWS) and other public clouds.
• Cloud Archiving – The combined cloud archiving capabilities are powerful, yet easy-to-use for both customers and partners, which is increasingly important as companies look to SaaS-based solutions to fulfill their regulatory, policy compliance, and data preservation needs.
• Business Insights – Sonian's technology illuminates data in email discussions and attachments and makes it actionable, proactively providing insights to customers. Barracuda intends to leverage Sonian's analytics and AI across the security and data protection portfolio to give partners and customers actionable insights into their data.
• Extended Channel Reach– Sonian's platform was designed for OEMs, managed service providers (MSPs) and end-user customers from the ground up with white-label and administrative APIs for easy and automatic deployments.
• Customers – Sonian brings over 32,000 new customers to Barracuda as well as partnerships with large MSPs and software companies.

About Sonian Inc.
An early innovator in cloud-based archiving, Sonian preserves, protects and presents the world's information. More than 32,000 customers in 40 countries trust Sonian's secure platform and fast and accurate search to retain and retrieve valuable data and to protect the intellectual property in business email. Sonian manages more than 20 billion objects in the cloud; every day, 17 million new documents are uploaded to Sonian's cloud archives, which can run on the current five largest public clouds. Boasting strong partnerships with leading technology companies, Sonian combines innovative technology with deep archiving expertise to satisfy customers of all sizes and industries. For more information, please visit www.sonian.com.

About Barracuda Networks, Inc. (NYSE: CUDA)
Barracuda (NYSE: CUDA) simplifies IT with cloud-enabled solutions that empower customers to protect their networks, applications and data, regardless of where they reside. These powerful, easy-to-use and affordable solutions are trusted by more than 150,000 organizations worldwide and are delivered in appliance, virtual appliance, cloud and hybrid deployment configurations. Barracuda's customer-centric business model focuses on delivering high-value, subscription-based IT solutions that provide end-to-end network and data protection. For additional information, please visit barracuda.com.

Barracuda Networks, Barracuda, and the Barracuda Networks logo are registered trademarks of Barracuda Networks, Inc. in the US and other countries.

Forward-Looking Statements 
This announcement contains forward-looking statements related to our strategy, potential benefits of the Sonian products and technology including cloud archiving, compliance and data analytics, market and channel expansion, product integration, and go-to-market strategies.   You should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond the Company's control and that could cause the Company's results to differ materially from those expressed or implied by such forward-looking statements. Factors that could materially affect the Company's business and financial results include, but are not limited to customer response to the Company's products, as well as those factors set forth in the Company's filings with the Securities and Exchange Commission. The Company expressly disclaims any intent or obligation to update the forward-looking information to reflect events that occur or circumstances that exist after the date of this press release.

Contacts
Investor Relations: Maria Riley; 415-217-7722; ir@barracuda.com 
Public Relations: Jesse Kimbrel; 408-342-5683; jkimbrel@barracuda.com 

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SOURCE Barracuda Networks, Inc.