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Tuesday, June 14, 2011

Up to 500 technology related jobs coming to Ann Arbor, as Barracuda Networks seeks expansion

Barracuda NetworksImage via Wikipedia
The Ann Arbor, Michigan satellite site for
Barracuda Networks seeks to expand their
office building space, and with such, hire up
to 500 new employees.

Barracuda Networks in Ann Arbor plans to hire up to 500 workers over the next several years, during upcoming company expansion.

Based in Campbell, California, the company satellite office at 201 Depot Street in Ann Arbor currently employs 100 workers. Barracuda Network hopes to establish a 100,000-square-foot technology campus.
“Our investment has worked in Ann Arbor, so we’re basically looking to, as they would say in gambling terms, ‘double down’ and invest further,” Barracuda CEO Dean Drako said to Ann “And if we can do that in a more permanent fashion where we have more control over our destiny, I tend to like that.”
Drako noted that the current site for Barracuda has run out of space. The company currently leases a 12,000-square-foot first-floor office, which is owned by Ann Arbor-based First Martin Corp.
Sean Heiney, Barracuda’s director of new product initiatives, said the rapidly growing company wants to “stay as close to downtown as possible.”
Heiney stated the Ann Arbor based Barracuda Network site needs to double its office space “immediately” and will need 40,000 square feet within two to three years. 

Within about five years, Barracuda wants to own a 100,000-square-foot facility in Ann Arbor with 300 to 500 new workers, executives said. The company expects that it may have to lease new property in the interim while it identifies a permanent solution.

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