LANSING – Barracuda Networks Inc., the network and data security provider, is expanding in Ann Arbor with support from the Michigan Strategic Fund and Ann Arbor Spark, the Michigan Economic Development Corp. announced. The project will generate a total capital investment of $2.3 million and create 115 new jobs.
Barracuda plans an expansion of its manufacturing operations in Ann Arbor, where it builds computer terminals and peripheral equipment. The project is expected to generate $2.3 million in capital investment and create 115 jobs. As a result, the company has been awarded a $750,000 Michigan Business Development Program performance-based grant. Michigan was chosen over competing sites in Georgia and California.
“Ann Arbor is a tremendous place to do business and build innovative products,” said Rod Mathews, senior vice president and general manager of data protection at Barracuda. “We benefit greatly from the growing tech community, the vibrant downtown area, and the many fine universities across the state of Michigan that produce top engineering talent.”
Ann Arbor Spark is offering talent awareness support to the project as Barracuda looks to add new members to their team. Individuals interested in careers with Barracuda should visit https://www.barracuda.com/company/careers.
Said Ann Arbor Spark president Paul Krutko: “Barracuda is an active participant in our tech ecosystem and draws attention to the great innovation-based careers available in the Ann Arbor region. Ann Arbor Spark will continue to support Barracuda as it grows.”
For more information on the MEDC and our initiatives, visit www.MichiganBusiness.org. Visit Pure Michigan Talent Connect at www.mitalent.org for more information on Michigan’s online marketplace for connecting job seekers and employers.