# Buoyant

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/buoyant

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.buoyant.io
- Total disclosed funding: $24M
- Latest round: Series A (Mar 14, 2019)
- Investors on record: 7

## About

Buoyant, Inc. is a technology firm specializing in service mesh solutions that enhance security and reliability for cloud-native applications, primarily focused on Kubernetes environments.Founded in 2015 in San Francisco, US, Buoyant, Inc. develops solutions to improve service communication within cloud applications. The company has raised USD 10.00 mn in Series A funding led by GV, with participation from A Capital Partners and Benchmark. The latest funding round occurred on March 14, 2019. Co-founded by Denise McGahan and Oliver Gould, Buoyant enhances its operational footprint in North America and Europe.Buoyant Inc. primarily offers Buoyant Enterprise for Linkerd, a robust service mesh designed to enhance security and reliability across Kubernetes platforms. Released to transform how applications communicate within cloud environments, it leverages a microproxy architecture built in Rust, ensuring high performance while mitigating security issues often associated with C and C++. The service mesh facilitates end-to-end encryption, workload identity, and deny-by-default security policies, addressing challenges of traditional IP-based access and perimeter firewalls. Buoyant’s clientele includes various enterprises looking to optimize their cloud infrastructure, enhance operational resilience, and reduce costs, specifically within North America and Europe.Buoyant’s revenue generation is primarily derived from subscription-based models associated with its enterprise service mesh offerings. Clients engage in yearly licensing agreements that provide access to Buoyant Enterprise for Linkerd, complemented by support and commercial services tailored to their operational needs. Transactions are structured as B2B engagements, wherein organizations subscribe to the service based on their specific requirements, receiving ongoing updates and technical assistance as part of their agreements. While precise pricing details for these services are not publicly disclosed, costs are determined by factors such as the scale of deployment and the level of support required.Buoyant's strategy for future growth includes ongoing enhancements to its service mesh offerings, with plans to introduce new features aimed at expanding their capabilities in the cloud-native space. The company aims to penetrate additional markets in Asia and Australia by 2025, utilizing funds raised in its most recent round to support these initiatives. The USD 10.00 mn raised will help bolster product development and market expansion efforts.

## Funding rounds

- Series A, Mar 14, 2019, $10M — Benchmark, GV, A Capital Partners
- Series A, Jul 11, 2017, $11M — Benchmark, SV Angel, Webb Investment Network, DCVC, A Capital Partners, Fuel Capital
- Seed, Mar 27, 2015, $3.5M — DCVC, A Capital Partners

## Investors

- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed, Series A
- A Capital Partners (https://capitalatlas.ai/funds/a-capital-partners) — Seed, Series A
- Benchmark (https://capitalatlas.ai/funds/benchmark) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Series A
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Series A
- Fuel Capital — Series A
- GV (https://capitalatlas.ai/funds/gv) — Series A