Raftt

Cloud-based Platform for Creating and Sharing Development Environments

Business Software
Acquired by Wiz on Nov, 2023
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Company Overview

Snapshot

Founded in November 2020 by Roy Iarchy, Raftt operates with 1–10 employees. The company raised $5 million across one funding round from 6 investors. In November 2023, Raftt was acquired by Wiz.

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 environments while maintaining their current workflows. Raftt offers deployment on its own cloud infrastructure or allows companies to use their existing cloud setups, serving the business software sector with a focus on IT, R&D, and data solutions.

Strategic signal

In February 2026, Raftt filed a lawsuit against Wiz in the Tel Aviv District Court, alleging that Wiz misrepresented the acquisition of Raftt for tens of millions of dollars. This legal action introduces significant uncertainty regarding the true nature and financial terms of the acquisition, signaling potential disputes over corporate transactions and due diligence in the tech industry.

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Company Intelligence Q&A

When was Raftt acquired and by whom?
Raftt was acquired by Wiz in November 2023.
What was the total capital raised by Raftt?
Raftt raised a total of $5 million.
Who were the lead investors in Raftt's funding round?
In September 2022, Raftt secured funding with Cardumen Capital and Aleph as lead investors.
What is the nature of the recent legal dispute involving Raftt?
In February 2026, Raftt sued Wiz in the Tel Aviv District Court, claiming Wiz misrepresented the acquisition of Raftt for tens of millions of dollars.
What is Raftt's core product offering?
Raftt provides a cloud-based platform that enables developers to create and share development environments, integrating with existing tools for remote development workflows.
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