Ryft Data Systems

Company Overview

Snapshot

Founded in July 2024 by Yossi Reitblat, Yuval Yogev, and Guy Gadon, Ryft Data Systems operates with 11–50 employees. The company raised $8 million across one funding round from Bessemer Venture Partners. In April 2026, Ryft Data Systems was acquired by Cyera.

Business overview

Ryft Data Systems develops a cloud data management platform designed to help data teams create an open, automated, and cost-effective Iceberg lakehouse. The company's core technology focuses on maintaining and optimizing Iceberg tables in real time based on usage patterns. Ryft also automates governance, GDPR compliance, and data lifecycle management to ensure data security and compliance, serving enterprises across various industries.

Strategic signal

In April 2026, Ryft Data Systems was acquired by Cyera for over $100 million, less than two years after its founding. This acquisition highlights the strategic value of Ryft's automated and secure data management platform, particularly for enterprises adopting AI systems and autonomous agents, signaling strong market demand for solutions that enhance data accessibility and governance in evolving AI environments.

Company Intelligence Q&A

What is Ryft Data Systems' primary offering?

Ryft Data Systems provides a cloud data management platform that enables data teams to create an open, automated, and cost-effective Iceberg lakehouse. It optimizes Iceberg tables in real time and automates data governance, GDPR compliance, and data lifecycle management.

When was Ryft Data Systems founded and by whom?

Ryft Data Systems was founded in July 2024 by Yossi Reitblat, Yuval Yogev, and Guy Gadon.

What was a significant corporate development for Ryft Data Systems?

In April 2026, Ryft Data Systems was acquired by Cyera for over $100 million. This acquisition occurred less than two years after Ryft's founding.

How much funding did Ryft Data Systems raise prior to its acquisition?

Ryft Data Systems raised $8 million in seed funding in July 2025. This round was led by Bessemer Venture Partners.

What problem does Ryft Data Systems aim to solve for its customers?

Ryft Data Systems aims to help enterprises manage their data more efficiently and securely, particularly in the context of AI systems. Its platform automates data access and governance, reducing dependence on major cloud providers and ensuring compliance.