Raftt

Company Overview

Snapshot

Founded in November 2020 by Roy Iarchy, Raftt operates with 1–10 employees. The company secured $5 million across one funding round from 6 investors, with Cardumen Capital and Aleph as lead investors. 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 environments while maintaining current workflows. Companies can choose to run on Raftt’s cloud infrastructure or integrate with their existing cloud setups. 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 introduces significant uncertainty regarding the previously announced acquisition and signals potential disputes over the terms and validity of the transaction, which could impact investor perceptions of both companies.

Company Intelligence Q&A

What is the current status of Raftt?

Raftt was acquired by Wiz in November 2023.

When was Raftt founded and by whom?

Raftt was founded in November 2020 by Roy Iarchy.

What was Raftt's last funding event?

In September 2022, Raftt raised $5 million in a funding round led by Cardumen Capital and Aleph.

What is the core offering of Raftt?

Raftt offers a cloud-based platform that enables developers to create and share development environments, facilitating the management of local development and containerized services.

What recent legal development involves Raftt and Wiz?

In February 2026, Raftt filed a lawsuit against Wiz in the Tel Aviv District Court, claiming Wiz misrepresented its acquisition of Raftt.