Ryft Data Systems
Cloud Data Management Platform
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 one investor. 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 open, automated, and cost-effective Iceberg lakehouses. 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. It primarily serves enterprises in the business software sector, specifically within IT, R&D, and data solutions, with a focus on data architecture, storage, and cloud technologies.
Strategic signal
In April 2026, Ryft Data Systems was acquired by Cyera for over $100 million, less than two years after its founding. This rapid acquisition by a data security firm highlights the significant market demand for automated, secure data management solutions, particularly those tailored for AI systems and autonomous agents. The acquisition signals strong validation of Ryft's technology and its potential to enhance enterprise data governance and compliance in evolving AI environments.
Company Intelligence Q&A
- What was the most significant recent event 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.
- 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.
- How much capital has Ryft Data Systems raised?
- Ryft Data Systems raised $8 million across one funding round.
- Which investor participated in Ryft Data Systems' funding round?
- In July 2025, Ryft Data Systems raised seed funding from Bessemer Venture Partners.
- What is Ryft Data Systems' primary offering?
- Ryft Data Systems provides a cloud data management platform that helps data teams create open, automated, and cost-effective Iceberg lakehouses by maintaining and optimizing Iceberg tables in real time, and automating governance and compliance.