0001193125-14-046832.txt : 20140212 0001193125-14-046832.hdr.sgml : 20140212 20140212063959 ACCESSION NUMBER: 0001193125-14-046832 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20140212 DATE AS OF CHANGE: 20140212 GROUP MEMBERS: SCFF MANAGEMENT, LLC GROUP MEMBERS: SCGF III MANAGEMENT, LLC GROUP MEMBERS: SEQUOIA CAPITAL FRANCHISE PARTNERS, L.P. GROUP MEMBERS: SEQUOIA CAPITAL GROWTH FUND III, L.P. GROUP MEMBERS: SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND LLC GROUP MEMBERS: SEQUOIA CAPITAL GROWTH PARTNERS III, L.P. SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: BARRACUDA NETWORKS INC CENTRAL INDEX KEY: 0001348334 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 830380411 STATE OF INCORPORATION: DE FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-87920 FILM NUMBER: 14596571 BUSINESS ADDRESS: STREET 1: 3175 WINCHESTER BOULEVARD CITY: CAMPBELL STATE: CA ZIP: 95008 BUSINESS PHONE: 408-342-5400 MAIL ADDRESS: STREET 1: 3175 WINCHESTER BOULEVARD CITY: CAMPBELL STATE: CA ZIP: 95008 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: SEQUOIA CAPITAL FRANCHISE FUND LP CENTRAL INDEX KEY: 0001085206 IRS NUMBER: 943324307 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: C/O SEQUOIA CAPITAL STREET 2: 3000 SAND HILL RD, BLDG 4-180 CITY: MENLO PARK STATE: CA ZIP: 94025 BUSINESS PHONE: 6508543927 MAIL ADDRESS: STREET 1: C/O SEQUOIA CAPITAL STREET 2: 3000 SAND HILL RD, BLDG 4-180 CITY: MENLO PARK STATE: CA ZIP: 94025 SC 13G 1 d668236dsc13g.htm SC 13G SC 13G

 

 

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Schedule 13G

(Rule 13d-102)

INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT TO RULES

13d-1 (b), (c) AND (d) AND AMENDMENTS THERETO FILED PURSUANT TO 13d-2 (b)

(Amendment No.     )

 

 

BARRACUDA NETWORKS, INC.

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

068323104

(CUSIP Number)

12/31/13

(Date of Event Which Requires Filing of this Statement)

 

 

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

¨ Rule 13d-1(b)

¨ Rule 13d-1(c)

x Rule 13d-1(d)

 

 

 

(Continued on following pages)

13G

 

CUSIP NO. 068323104     Page 2 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SEQUOIA CAPITAL FRANCHISE FUND, L.P. (“SCFF”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

94-3324307

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,321,534

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

1,321,534

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,321,534

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

2.6%

12  

TYPE OF REPORTING PERSON

 

PN

13G

 

CUSIP NO. 068323104     Page 3 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SEQUOIA CAPITAL FRANCHISE PARTNERS, L.P. (“SCFP”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

94-3330616

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

180,214

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

180,214

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

180,214

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.4%

12  

TYPE OF REPORTING PERSON

 

PN

13G

 

CUSIP NO. 068323104     Page 4 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SCFF MANAGEMENT, LLC (“SCFF LLC”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

94-3324306

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

1,501,748 shares of which 1,321,534 shares are directly held by SCFF and 180,214 shares are directly held by SCFP. SCFF LLC is the General Partner of SCFF and SCFP.

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED VOTING POWER

 

1,501,748 shares of which 1,321,534 shares are directly held by SCFF and 180,214 shares are directly held by SCFP. SCFF LLC is the General Partner of SCFF and SCFP.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

1,501,748

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

3.0%

12  

TYPE OF REPORTING PERSON

 

OO

13G

 

CUSIP NO. 068323104     Page 5 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SEQUOIA CAPITAL GROWTH FUND III, L.P. (“SCGF III”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

20-2812490

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

6,213,980

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

6,213,980

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,213,980

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.2%

12  

TYPE OF REPORTING PERSON

 

PN

 

13G

 

CUSIP NO. 068323104     Page 6 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SEQUOIA CAPITAL GROWTH PARTNERS III, L.P. (“SCGP III”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

20-3735244

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

46,736

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

46,736

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

46,736

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.1%

12  

TYPE OF REPORTING PERSON

 

PN

13G

 

CUSIP NO. 068323104     Page 7 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SEQUOIA CAPITAL GROWTH III PRINCIPALS FUND LLC (“SCG III PF”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

20-3737763

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

211,016

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

211,016

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

211,016

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

0.4%

12  

TYPE OF REPORTING PERSON

 

OO

13G

 

CUSIP NO. 068323104     Page 8 of 12 Pages

 

  1   

NAME OF REPORTING PERSON

 

SCGF III MANAGEMENT, LLC (“SCGF III LLC”)

I.R.S. IDENTIFICATION NO. OF ABOVE PERSONS (ENTITIES ONLY)

20-2812373

  2  

CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP

 

(a)  ¨        (b)  ¨

  3  

SEC USE ONLY

 

  4  

CITIZENSHIP OR PLACE OF ORGANIZATION

 

DELAWARE

NUMBER OF

SHARES

BENEFICIALLY  

OWNED BY

EACH

REPORTING

PERSON

WITH

    5    

SOLE VOTING POWER

 

0

   6   

SHARED VOTING POWER

 

6,471,732 shares of which 6,213,980 shares are directly held by SCGF III, 46,736 shares are directly held by SCGP III and 211,016 shares are directly held by SCG III PF. SCGF III LLC is the General Partner of SCGF III and SCGP III, and the Managing Member of SCG III PF.

   7   

SOLE DISPOSITIVE POWER

 

0

   8   

SHARED DISPOSITIVE POWER

 

6,471,732 shares of which 6,213,980 shares are directly held by SCGF III, 46,736 shares are directly held by SCGP III and 211,016 shares are directly held by SCG III PF. SCGF III LLC is the General Partner of SCGF III and SCGP III, and the Managing Member of SCG III PF.

  9  

AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON

 

6,471,732

10  

CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES

 

¨

11  

PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9

 

12.7%

12  

TYPE OF REPORTING PERSON

 

OO

13G

 

CUSIP NO. 068323104     Page 9 of 12 Pages

ITEM 1.

 

  (a) Name of Issuer:       Barracuda Networks, Inc.

 

  (b) Address of Issuer’s Principal Executive Offices:

            3175 S. Winchester Blvd.

            Campbell, CA 95008

ITEM 2.

 

(a) Name of Persons Filing:

Sequoia Capital Franchise Fund, L.P.

Sequoia Capital Franchise Partners, L.P.

SCFF Management, LLC

Sequoia Capital Growth Fund III, L.P.

Sequoia Capital Growth Partners III, L.P.

Sequoia Capital Growth III Principals Fund LLC

SCGF III Management, LLC

SCFF LLC is the General Partner of SCFF and SCFP. SCGF III LLC is the General Partner of each of SCGF III and SCGP III, and the Managing Member of SCG III PF.

 

(b) Address of Principal Business Office or, if none, Residence:

3000 Sand Hill Road, 4-250

Menlo Park, CA 94025

Citizenship:

SCFF LLC, SCFF, SCFP, SCGF III LLC, SCGF III, SCGP III, SCG III PF:

Delaware

 

(c) Title of Class of Securities:         Common Stock

 

(d) CUSIP Number:                           068323104

 

ITEM 3. If this statement is filed pursuant to Rules 13d-1(b) or 13d-2(b) or (c), check whether the person filing is a:

NOT APPLICABLE

 

ITEM 4. Ownership

SEE ROWS 5 THROUGH 11 OF COVER PAGES

13G

 

CUSIP NO. 068323104     Page 10 of 12 Pages

 

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.  ¨

 

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

NOT APPLICABLE

 

ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY OR CONTROL PERSON

NOT APPLICABLE

 

ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

NOT APPLICABLE

 

ITEM 9. NOTICE OF DISSOLUTION OF GROUP

NOT APPLICABLE

 

ITEM 10. CERTIFICATION

NOT APPLICABLE

13G

 

CUSIP NO. 068323104     Page 11 of 12 Pages

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated: February 12, 2014

Sequoia Capital Franchise Fund, L.P.

Sequoia Capital Franchise Partners, L.P.

 

 

By:

  

SCFF Management, LLC

 

General Partner of each

 

By:

  

/s/ Douglas Leone

 

Douglas Leone, Managing Member

SCFF Management, LLC

 

 

By:

  

/s/ Douglas Leone

 

Douglas Leone, Managing Member

Sequoia Capital Growth Fund III, L.P.

Sequoia Capital Growth Partners III, L.P.

 

 

By:

  

SCGF III Management, LLC,

 

General Partner of each

 

By:

  

/s/ Douglas Leone

 

Douglas Leone, Managing Member

Sequoia Capital Growth III Principals Fund LLC

 

 

By:

  

SCGF III Management, LLC,

 

its Managing Member

 

By:

  

/s/ Douglas Leone

 

Douglas Leone, Managing Member

SCGF III Management, LLC

 

 

By:

  

/s/ Douglas Leone

 

Douglas Leone, Managing Member

13G

 

CUSIP NO. 068323104     Page 12 of 12 Pages

EXHIBIT 1

AGREEMENT AS TO JOINT FILING OF SCHEDULE 13G

The undersigned hereby agree that the Schedule 13G relating to the common stock of Barracuda Networks, Inc., and any further amendments thereto, to which this Agreement as to Joint Filing of Schedule 13G is attached as an exhibit is filed on behalf of each of them pursuant to and in accordance with the provisions of Rule 13d-1(k) under the Securities Exchange Act of 1934, as amended.

Date: February 12, 2014

Sequoia Capital Franchise Fund, L.P.

Sequoia Capital Franchise Partners, L.P.

 

  By: SCFF Management, LLC
  General Partner of each
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member

SCFF Management, LLC

 

  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member

Sequoia Capital Growth Fund III, L.P.

Sequoia Capital Growth Partners III, L.P.

 

  By: SCGF III Management, LLC,
  General Partner of each
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member

Sequoia Capital Growth III Principals Fund LLC

 

  By: SCGF III Management, LLC,
  its Managing Member
  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member

SCGF III Management, LLC

 

  By:  

/s/ Douglas Leone

  Douglas Leone, Managing Member