ANN ARBOR – The California IT security firm Barracuda Networks Inc. Wednesday announced that it will double its number of employees in Ann Arbor, creating 184 high tech and engineering jobs over three years.
The company also announced a $6 million project to move its downtown Ann Arbor office from 12,000 square feet on Depot Street to 40,000 square feet of the former Borders Inc. headquarters at 317 Maynard St.
“Barracuda Networks continues to thrive, and Ann Arbor is critical to that success,” said Sean Heiney, the company’s director of new product initiatives. “We’re doubling down our commitment to the region, bringing new and exciting jobs that are helping to shape our new economy. We’re extremely thrilled about our expansion and look forward to breathing new life into such an iconic space downtown.”
The company said the City of Ann Arbor is offering a five-year tax abatement for the expansion, estimated to be valued at $85,150. The Michigan Economic Development Corp. is offering up to $1.2 million in funding from the Michigan Business Development Program.
Over the last few years, Barracuda Networks has been working with Ann Arbor Spark to connect with the deep pool of talent in the region. Since that time, Barracuda Networks has grown aggressively, and now has 172 employees in Michigan.
Said Paul Krutko, Ann Arbor Spark president and CEO: ”Barracuda’s new location in downtown Ann Arbor fills a very visible vacant property with exactly the type of growing, high tech business that attracts talent and investment to the region. Collaboration between local and state entities made this move possible, and reflects the broad support for businesses like Barracuda Networks that are committed to aggressive growth.”
Barracuda Networks participated in two MichAgain trips to California, working to attract talent back to the state. The company was a participant in the recently concluded first Shifting Code cohort, designed to connect employers with talent in the region who were committed to developing software engineering skills.
Barracuda Networks expects to move into the new location later this year. To support its expansion, the company is hiring software engineers, user experience designers, quality assurance talent, systems administrators, and help technicians. Those interested in applying should visit http://recruit.barracuda.com.
More about Ann Arbor Spark’s economic development efforts at www.AnnArborUSA.org.
Barracuda Networks provides content and network security through a combination of premises-based gateways and software, virtual appliances, cloud services, and remote support. Its product line includes offerings for protection against email and Web threats as well as products that improve application delivery and network access, message archiving, backup and data protection. The company has more than 150,000 customers. Barracuda Networks is privately held and based in Campbell, Calif.
For more information, visit www.barracudanetworks.com.