Cyera announced that it has acquired Israeli startup Ryft. Ryft helps organizations manage their data in a secure and automated way, making it easier to use AI systems and autonomous tools.
The companies did not share the exact deal value, but it is estimated to be between $100 million and $130 million. Ryft had raised only $8 million before the acquisition, so the deal is seen as a strong return for both the company and its investors.
Ryft was founded in 2024 by Yossi Reitblat, Yuval Yogev, and Guy Gadon. The company built a data management platform designed for the age of AI. It helps organizations access their data quickly, easily, and securely. The platform also tracks how data is used by both people and AI systems, and automatically manages permissions, data classification, and optimization.
So far, the company has raised $8 million in a seed funding round led by Index Ventures and Bessemer Venture Partners. Its customers include well-known global companies like Sonos, Unity, and Voodoo.
Ryft has about 15 employees, most of them based in Israel. After the acquisition, Yossi Reitblat will lead the AI security division at Cyera. The Ryft team will also join Cyera’s AI security group to help build a strong team of experts in AI, data, and data security.
“We were not planning to sell and were not actively seeking a buyer,” Reitblat told the media. “We had strong momentum, but Cyera approached us before a significant fundraising round. The war disrupted that process. Tamar [Bar-Ilan, Cyera CTO] came to Israel, and given our long-standing relationship from our days in Unit 8200, discussions about collaboration quickly evolved into acquisition talks. The offer came on the day the war started; we were literally discussing terms while running to shelters. Despite the circumstances, this is a significant deal that reflects the strong momentum of both companies. I will lead Cyera’s AI division following the acquisition.”
“The value of a company is not measured by headcount or the amount it has raised, it is a strategic matter,” said Yonatan Itai, co-founder and VP R&D at Cyera. “Ryft brings deep technological expertise in a highly relevant area, solving one of the most critical challenges in enabling secure AI adoption. This is a domain we aimed to accelerate over the coming year, and speed-to-market was essential. This acquisition gives us that opportunity. There is strong technological alignment between the platforms, and we plan to integrate and build upon what they have developed. We are continuing to grow and hire in this space while also exploring additional acquisitions of high-quality teams. We have made similar moves in the past to accelerate entry into new domains, and we expect the same here.”
The acquisition happened while Cyera is growing very fast and becoming one of the top companies in data security. A few months earlier, the company raised $400 million in a Series F funding round, valuing it at $9 billion. So far, it has raised more than $1.7 billion in total funding.
In just one year, Cyera’s value has tripled. It has also made four acquisitions in the last five years, making it one of the fastest-growing cybersecurity companies in the world.
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