$199 Million Company Barracuda Announces Pricing of IPO

Barracuda Networks, Inc., provider of cloud-connected security and storage solutions, announced the pricing of its initial public offering of 4,140,000 shares of its common stock at a price to the public of $18 per share.

All of the shares are being offered by Barracuda.

In addition, Barracuda has granted the underwriters a 30-day option to purchase up to an additional 621,000 shares of common stock to cover over-allotments, if any. The shares are expected to begin trading on the New York Stock Exchange on November 6, 2013, under the symbol CUDA.

Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC and BofA Merrill Lynch are acting as lead joint bookrunners for the offering. William Blair & company L.L.C., Pacific Crest Securities LLC and JMP Securities LLC are acting as co-managers for the offering.

To read the SEC filing