- IDC estimates Barracuda (NYSE:CUDA -0.3%) had 40.7% of the market for integrated purpose-built storage backup appliances (PBBAs) in Q1. Barracuda notes it has led the integrated PBBA segment for 13 straight quarters, via its Barracuda Backup appliances.
- Though better-known by some for its security appliances, storage hardware has been a strong point for Barracuda: The company mentioned on its FQ4 CC (transcript) storage billings rose over 30% Y/Y in FY15 (ended in March), surpassing total billings growth of 18%.