Buf Technologies, Inc.

Buf Technologies, Inc. specializes in promoting universal schema adoption through innovative tools for API management, stream processing, and data governance, catering to a diverse clientele across multiple industries. Buf Technologies, Inc. was founded in 2020 in Buffalo, US, focusing on solutions for API and streaming data management.

The company has raised USD 68 mn in Series B funding in November 2021, with notable investors including Tiger Global Management and Lux Capital. Bart Kim serves as CEO, and he leads the company in its mission to enhance schema-driven development. Buf Technologies, Inc. focuses on driving universal schema adoption across various technology stacks, particularly in network APIs, streaming data, and data lakes.

Its primary offerings include Bufstream, a schema-first, Kafka-compatible platform; the Buf Schema Registry for schema management; and the Buf CLI for local development tools. These products enhance API efficiency by offering features such as semantic validation, automated SDK generation, and policy checks, serving a diverse client base primarily in North America and Europe. Buf Technologies generates revenue through a subscription-based model, allowing clients to access its suite of products and services. Clients typically enter multi-year agreements for the Bufstream platform and the Buf Schema Registry, ensuring ongoing support.

Pricing plans are tailored to accommodate various business needs, with specific services like the Buf CLI available to assist in local development, positioning the company as a partner for enhancing data governance and operational efficiency. In the wake of the USD 68 mn Series B funding raised in November 2021, Buf Technologies, Inc. plans to design and launch new products to further enhance its offerings in schema management. The company is looking to expand its market reach, specifically targeting growth in Europe and Asia by the end of 2023.

The recent funding will support these initiatives, as well as the development of additional features for their existing products.