Raftt
Cloud-based Platform for Creating and Sharing Development Environments
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, with Cardumen Capital and Aleph leading the round. 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. The company's technology integrates with existing tools to connect developers to remote development environments while maintaining current workflows. Raftt offers deployment flexibility, allowing companies to run on its cloud infrastructure or continue with their existing cloud providers. It operates within the Business Software sector, focusing on IT, R&D, and Data Solutions, specifically 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 for tens of millions of dollars. This legal action introduces significant uncertainty regarding the true nature and terms of the previously announced acquisition, signaling potential disputes over corporate transactions and their public representation within the tech industry.
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, streamlining the management of local development and containerized services.
- When was Raftt acquired?
- Raftt was acquired by Wiz in November 2023.
- What was the last disclosed funding event for Raftt?
- In September 2022, Raftt raised $5 million in a funding round led by Cardumen Capital and Aleph.
- Who are the founders of Raftt?
- Raftt was co-founded by Roy Iarchy.
- What is the current legal status regarding Raftt's acquisition by Wiz?
- In February 2026, Raftt filed a lawsuit against Wiz, claiming that Wiz misrepresented the acquisition details, specifically the stated value of tens of millions of dollars.