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. 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 workflow. Companies can choose to deploy on Raftt’s cloud infrastructure or continue using their existing cloud providers. Raftt 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 terms of its acquisition of Raftt. This legal action introduces significant uncertainty regarding the true nature and value of the acquisition, signaling potential disputes over corporate transactions and intellectual property in the tech industry.
Company Intelligence Q&A
- What is Raftt's primary offering?
- Raftt offers a cloud-based platform that enables developers to create and share development environments, facilitating the management of local development environments and the use of containerized services.
- When was Raftt founded and by whom?
- Raftt was founded in November 2020 by Roy Iarchy.
- What was a significant corporate event for Raftt in 2023?
- In November 2023, Raftt was acquired by Wiz, though the financial terms of the acquisition were not disclosed.
- What was Raftt's last disclosed funding round?
- In September 2022, Raftt raised $5 million in a funding round. Cardumen Capital and Aleph were among the investors.
- What recent legal action has Raftt taken?
- In February 2026, Raftt filed a lawsuit against Wiz in the Tel Aviv District Court, claiming that Wiz misrepresented the acquisition of Raftt.