Raftt

Cloud-based Platform for Creating and Sharing Development Environments

Business Software
Acquired by Wiz on Nov, 2023
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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, with Cardumen Capital and Aleph leading the round. 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 their current workflow. The company serves the business software sector, offering solutions for IT, R&D, and data, specifically focusing on software development 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 for tens of millions of dollars. This legal action introduces significant uncertainty regarding the nature and finality of the previously announced acquisition, signaling potential disputes over the transaction's terms and validity to investors and the market.

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Company Intelligence Q&A

What is Raftt's primary offering?
Raftt provides a cloud-based platform that helps developers manage local development environments and utilize containerized services, integrating with existing tools to connect to remote development environments while preserving current workflows.
When was Raftt founded?
Raftt was founded in November 2020.
Who are the founders of Raftt?
Raftt was founded by Roy Iarchy.
What was a significant corporate event for Raftt?
Raftt was acquired by Wiz in November 2023.
What recent legal development involves Raftt?
In February 2026, Raftt filed a lawsuit against Wiz in the Tel Aviv District Court, claiming Wiz misrepresented the terms of its acquisition of Raftt.
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