Raft Technologies

Company Overview

Snapshot

Founded in April 2013 by Erez Loitner, Raft Technologies operates with 51–200 employees. The company has secured funding across one round from Scale-Up Venture Capital. In February 2017, Raft Technologies completed a Seed funding round.

Business overview

Raft Technologies specializes in providing ultra-low latency wireless communication networks for major financial markets globally. The company's core technology leverages high-frequency (HF) radio signals and skywave propagation to establish direct, long-distance links between continents, bypassing traditional undersea cables or satellite infrastructure. This approach offers significant latency advantages, crucial for high-frequency and algorithmic trading firms. Raft Technologies delivers an end-to-end service, managing network design, deployment, and monitoring to ensure reliable, time-sensitive data exchange for financial institutions, particularly within capital markets and trading.

Strategic signal

In June 2020, Raft Technologies highlighted its transatlantic speed advantage using shortwave technology, demonstrating the ability to transmit trades from Chicago to London in 29.6 milliseconds and Chicago to Frankfurt in 31.4 milliseconds. This performance is four milliseconds faster than existing incumbent systems, signaling a significant competitive edge in ultra-low latency connectivity for global financial markets and validating the company's potential for broader expansion, including planned Chicago-Tokyo and New York-London routes.

Company Intelligence Q&A

What is Raft Technologies' core offering?

Raft Technologies provides wireless ultra-low latency communication networks that connect major financial markets across continents. This is achieved by leveraging high-frequency (HF) radio signals and skywave propagation to establish direct, long-distance links between antennas, offering a speed advantage over traditional fiber-optic networks.

Which markets does Raft Technologies primarily serve?

Raft Technologies primarily serves high-frequency trading and algorithmic trading firms within the financial services sector, specifically targeting financial institutions, capital markets, and investment & portfolio management for transcontinental data exchange.

When was Raft Technologies founded and by whom?

Raft Technologies was founded in April 2013 by Erez Loitner.

What significant speed advantage did Raft Technologies demonstrate in June 2020?

In June 2020, Raft Technologies demonstrated a transatlantic speed advantage, transmitting trades from Chicago to London in 29.6 milliseconds and Chicago to Frankfurt in 31.4 milliseconds. This was noted as four milliseconds faster than incumbent systems.

What are Raft Technologies' expansion plans for its network?

Raft Technologies is planning to expand its network by building a Chicago-Tokyo connection and a New York-London route, aiming to become a global provider of long-distance connectivity between exchanges.