Barracuda Networks recently announced several key product milestones and sales growth achievements for its MSP business, which was accelerated by the increasing number of MSPs adding security to their services portfolio.
Driven by the acquisition of SKOUT Cybersecurity for extended detection and response (XDR), new integrations for Barracuda RMM, and the introduction of Zero Trust Network Access (ZTNA) capabilities for managed service providers (MSPs) through Barracuda CloudGen Access, annual recurring revenue for Barracuda MSP grew 70% year-over-year at the end of Q2 FY2022.
In July, Barracuda acquired SKOUT Cybersecurity, a leader in cyber-as-a-service software for Managed Service Providers (MSPs) and provider of an extended detection and response (XDR) platform and service. With the acquisition Barracuda entered the fast-growing XDR market with a solution optimized for MSPs. The service is now available as Barracuda SKOUT Managed XDR.
Hatem Naguib, President & CEO, Barracuda
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. We are committed to delivering best-in-class security solutions and services that empower our MSP partners to protect their customers from the ever-evolving cybersecurity threat landscape.
