Raftt
Cloud-based Platform for Creating and Sharing Development Environments
Company Overview
Snapshot
Founded in November 2020 by Roy Iarchy, Raftt operated with 1–10 employees. The company raised $5 million across one funding round from 6 investors, with Cardumen Capital and Aleph leading the round. Raftt was acquired by Wiz in November 2023.
Business overview
Raftt provides a cloud-based platform designed to assist developers in managing local development environments and utilizing containerized services. Its technology integrates with existing tools to connect developers to remote development environments while maintaining current workflows. Companies can choose to deploy on Raftt’s cloud infrastructure or integrate with their existing cloud providers. The company operates within the Business Software sector, focusing on IT, R&D, and Data Solutions, specifically in Software Development Tools and Product Development Tools.
Strategic signal
In February 2026, Raftt initiated a lawsuit against Wiz in the Tel Aviv District Court, alleging that Wiz misrepresented the acquisition of Raftt. This legal action, seeking $65 million, introduces significant uncertainty regarding the nature and finality of the previously announced acquisition, signaling potential operational and financial disputes for both companies.
Log in to access full profile ›Company Intelligence Q&A
- What is Raftt's primary offering?
- Raftt provides a cloud-based platform that enables developers to create and share development environments, integrating with existing tools to connect to remote environments while preserving current workflows.
- When was Raftt founded?
- Raftt was founded in November 2020.
- Who acquired Raftt?
- Raftt was acquired by Wiz in November 2023.
- What was the last disclosed funding round for Raftt?
- In September 2022, Raftt raised $5 million in a funding round led by Cardumen Capital and Aleph.
- What recent legal development has impacted Raftt?
- In February 2026, Raftt sued Wiz, claiming Wiz misrepresented its acquisition of Raftt. The lawsuit, filed in the Tel Aviv District Court, seeks $65 million.