Today, we announced accelerated growth for its email protection business for FY2019 with a $200 million annual revenue run rate and accelerating growth for Barracuda Sentinel, the company’s advanced technology that leverages API integration to protect businesses from spear phishing, account takeover, business email compromiseOpens a new window, and fraud. Driven by innovations in detection, response, and automated cleanup to counter the increased sophistication of email threats that occur beyond the gateway, Sentinel sales bookings grew 440 percent year-over-year at the end of Q1 FY2020.
Email protection is a notable growth vector in the managed service provider market as well. Barracuda MSPOpens a new window, the MSP-dedicated business unit of Barracuda, saw annual recurring revenue for its email protection business grow 122 percent year-over-year for Q1 FY2020.
“We are excited to see this solid momentum across our email protection business,” said BJ Jenkins, CEO of Barracuda. “Our product pipeline is strong, offering customers email protection beyond traditional gateways to safeguard employees and organizations. We are focused on continuing to expand our award-winning portfolio with comprehensive, easy-to-use solutions to protect against socially-engineered, targeted attacks like business email compromise and account takeover.”
To read on, check out the Barracuda blog hereOpens a new window