Barracuda Networks changes hands with purchase by global investment firm KKR
Summary
Founded in 2003, Barracuda is the developer of cybersecurity solutions, including email protection, app and cloud defenses, data management, and network security. It appears that the cybersecurity firm recently captured the interest of KKR, an investment company that markets itself as offering "alternative asset management." KKR says that Barracudas growth is still a priority and the investment outfit will support its expansion in areas including detection and response and SASE. "We continue to see cybersecurity as a highly attractive sector and are excited to back a clear leader in the space," commented John Park, Head of Americas Technology Private Equity at KKR. • VMware warns of critical remote code execution bug in Workspace ONE Access • These hackers pretend to poach, recruit rival bank staff in new cyberattacks • Only half of organizations reviewed security policies due to the pandemic: Study Have a tip?
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