Barracuda Buys NetContinuum

Barracuda Networks Inc., a Campbell, Calif.-based provider of email and Web security appliances, has acquired NetContinuum Inc., a Santa Clara, Calif.-based provider of Web application firewalls. Barracuda raised a $40 million Series A round in 2005 from Sequoia Capital and Francisco Partners. NetContinuum has raised around $77.5 million in total VC funding since 2001, including a $15 million recap round in 2005 from Adams Street Partners, Menlo Ventures, Palomar Ventures, Invus Group, Entrepia Ventures and Siemens Venture Capital.