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January 11, 2006
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Barracuda Networks also provides the Barracuda Spyware Firewall, an anti-spyware and Web filtering gateway appliance, and the Barracuda IM Firewall.
Sequoia Capital, which has provided financing to Intel, Apple, Cisco, Oracle, Google, Netscreen, Symantec, and Yahoo!, is widely viewed as the world's preeminent venture capital firm. Sequoia has provided venture capital funding to entrepreneurs for over 30 years.
With $2.5 billion of committed capital, Francisco Partners is one of the world's largest technology-focused private equity funds. The firm was founded to pursue structured investments in technology companies undergoing strategic, technological, and operational inflection points.
"Sequoia Capital and Francisco Partners have a wealth of experience from their hundreds of successful companies that will be valuable as we take Barracuda Networks to the next level," said Dean Drako, president and CEO of Barracuda Networks.
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