Ryft Secures $8M to Empower Enterprises with Data Autonomy
Deal News | Jul 09, 2025 | Index Ventures
Ryft, a company focused on providing enterprises with full control of their data, has raised $8 million in a seed funding round led by Index Ventures, with participation from Bessemer Venture Partners and other notable tech leaders. Ryft's platform is designed to offer enterprises a fully managed data solution using Apache Iceberg technology, enabling companies to manage their data without the burden of complex infrastructure. The company aims to remove vendor lock-in and infrastructure rigidity, which can inhibit innovation and AI adoption. The funding will be used to expand Ryft's engineering team and enhance go-to-market strategies.
Sectors
- Technology
- Venture Capital
Geography
- United States – Ryft, as well as many of the involved executives and companies (like Cisco), are based in the United States, keeping the geographical focus in the tech hub of the U.S.
Industry
- Technology – The industry involves providing technological solutions for data storage, analysis, and management, especially concerning data autonomy and AI infrastructure.
- Venture Capital – Index Ventures and Bessemer Venture Partners are key players in the venture capital industry, driving Ryft's funding.
Financials
- 8000000 – The total amount raised by Ryft in the seed funding round led by Index Ventures.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Ryft | Target Company | Company | A company focused on providing enterprises autonomy over their data management using a fully managed data platform. |
| Index Ventures | Lead Investor | Company | A venture capital firm that led Ryft's $8 million seed funding round. |
| Bessemer Venture Partners | Investor | Company | A venture capital firm that participated in Ryft's seed funding round. |
| Yossi Reitblat | Co-founder and CEO | Person | Co-founder and CEO of Ryft, providing leadership and strategic direction for the company. |
| Members of the founding teams at Wiz | Investors | People | Founding team members at security company Wiz participated in Ryft's funding round, bringing expertise and networks. |
| Zscaler, Crowdstrike, Confluent, Cisco Executives | Investors | People | Executives from these companies who contributed to Ryft's seed funding round. |