Revenues spike 70 per cent for Barracuda Networks' MSP arm

The vendor said the surge was accelerated by the increasing number of MSPs adding security to their services portfolio

Kelsey Rees
clock • 1 min read
Revenues spike 70 per cent for Barracuda Networks' MSP arm

Barracuda Networks saw annual recurring revenues (AAR) for its MSP business rocket 70 per cent year on year at the end of Q2 FY2022. The vendor attributed the sales hike to the rising number of MSPs adding security to their services portfolio. "With today's increasingly sophisticated threats, MSPs must ensure they deliver security-centric services while managing their customers' end users, networks, applications, and the data they are accessing," said Barracuda president and CEO, Hatem Naguib...

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