Ryft Data Systems Overview
Ryft helsp data teams create a truly open, automated and cost-effective Iceberg lakehouse, by maintaining and optimizing Iceberg tables in real time, all based on actual usage patterns. Ryft also automates governance, GDPR compliance and data lifecycle so data stays secure and compliant.
Cumulative Funding Raised Over Time ($)
Latest News
במקום לנעול את הדאטה שלכם אצל ספק אחד, או לשלם שוב ושוב על שכפולים שלו, Ryft טוענת שהיא יכולה לשנות את הפרדגימה של עולם הענן
Ryft Raises $8M in Seed Funding
growth-positive
The Israeli startup aims to break enterprise dependence on major cloud providers like Snowflake and Databricks.
Ryft, a new entrant in the data infrastructure market, has emerged from stealth mode with $8 million in Seed funding. The company aims to help businesses manage their data independently of large cloud providers by using Apache Iceberg, an open-source framework for data lakes. The Seed round was led by Index Ventures and Bessemer Venture Partners, with additional backing from notable figures in the tech industry. Ryft plans to use the funding to expand its engineering team, enhance its partner network, and increase commercial activities. The company already has customers in various sectors, including finance, e-commerce, and cybersecurity, and aims to provide a managed service that simplifies data management while maintaining control.
InvestmentPartnersExpandCustomers
| Sector | Business Software |
Funding
| Total funding | $8M |
| Last funding | $8M |
| Stage | Seed |
| Rounds | 1 |
| Investors | 1 |
Team Members
3
Employees: 11-50
Web & Social Links
| Website | www.ryft.io/ |
Locations
Yigal Alon St 114, Tel Aviv-Yafo, Israel
New York, NY, USA
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