Israeli AI and information safety firm Cyera right this moment introduced the acquisition of Israeli automated information lake platform Ryft. No monetary particulars have been disclosed however market sources estimate the acquisition is for between $100 and $130 million.
Ryft has developed a platform for automated, environment friendly and safe information administration, tailor-made to enterprises adopting AI programs and autonomous brokers. The acquisition comes following a significant acceleration in using AI within the company world. Thus, as extra programs entry, analyze and act on information, the chance related to its use additionally will increase. In lots of instances, the tempo of adoption of AI applied sciences is forward of a corporation’s means to know in depth the information they possess, who accesses it and what’s executed with it. Cyera operates exactly at this friction level and permits organizations to see, analyze and management information use, so AI could be adopted and expanded with out shedding management.
RELATED ARTICLES
Ryft was based in 2024 by CEO Yossi Reitblat, CTO Yuval Yogev and VP R&D Man Gadon. The corporate’s platform permits quick and safe entry to information, whereas mechanically analyzing all information accesses within the group, each by staff and by AI brokers. The platform additionally automates authorization mechanisms, classification and optimization of data.
Ryft has raised $8 million in a seed spherical led by Index Ventures and Bessemer Enterprise Companions, and has internatrional purchasers akin to Sonos, Unity and Voodoo. Ryft has 15 staff, most of them in Israel. On completion of the deal, Reitblat will lead AI Safety actions at Cyera, and the corporate’s group will be part of this exercise as a part of the institution of a bunch of specialists that can deal with the intersection between AI, information and data safety.
The acquisition suits into Cyera’s progress technique. In February, the corporate accomplished a $400 million financing spherical at an organization valuation of $9 billion, bringing complete funding to over $1.7 billion. In only one yr, Cyera has tripled its valuation and it has made 4 acquisitions in 5 years. The sharp improve in AI adoption by organizations is sharpening the necessity for information safety, and Cyera is working to develop its capabilities within the area by way of acquisitions.
Reitblat added “Within the age of AI, information is an organization’s most strategic benefit. Enterprises shouldn’t have to decide on between management and ease of use. From day one, our objective has been to provide organizations the flexibility to completely personal and govern their information, whereas nonetheless shifting shortly. Becoming a member of Cyera permits us to take that imaginative and prescient additional, bringing management and safety collectively across the information enterprises rely upon to energy the subsequent technology of AI.”
Revealed by Globes, Israel enterprise information – en.globes.co.il – on April 23, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
