Raftt

Cloud-based Platform for Creating and Sharing Development Environments

Business Software
Acquired by Wiz on Nov, 2023
Acquired Tel Aviv-Yafo Founded 2020
Total raised
$5.0M
Last: Seed 2022-09
Stage
Acquired
Founded
2020
Headcount
10
HQ
Tel Aviv-Yafo
Sector
Business Software

About

Raftt provides a cloud-based platform to help developers who are managing local development environments and using containerized services for development. Raftt’s technology uses existing tools to connect developers to the remote development environment while retaining the current workflow. Companies have the option of running on Raftt’s cloud or continuing with their current cloud infrastructure.

Funding history · 1 round · $5.0M total

2022-09
Seed $5.0M

Company Intelligence Q&A

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What is Raftt's primary business activity?
Raftt provides a cloud-based platform designed to assist developers in managing local development environments and utilizing containerized services for development.
When was Raftt founded and where is it headquartered?
Raftt was founded in November 2020 and is headquartered in Tel Aviv-Yafo, Israel.
What was Raftt's last known funding round?
Raftt completed a Seed funding round in September 2022, raising a total of $5,000,000. Lead investors included Cardumen Capital and Aleph.
What is the current status of Raftt?
Raftt was acquired by Wiz in November 2023.
What legal action is Raftt involved in regarding its acquisition?
In February 2026, Raftt filed a lawsuit in the Tel Aviv District Court against Wiz, alleging that Wiz misrepresented the acquisition, claiming it was a 'phantom acquisition' rather than a genuine purchase for tens of millions of dollars.
What is the reported value of the lawsuit filed by Raftt against Wiz?
Raftt is suing Wiz for $65 million, questioning the legitimacy of the acquisition.
How many employees did Raftt have prior to its acquisition?
Raftt had 1-10 employees prior to its acquisition.
Who is a co-founder of Raftt?
Roy Iarchy is a co-founder of Raftt.

Sectors & technology

Primary sector
Business Software
Sub-sectors
Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsProduct Development Tools
Technologies
Data StorageCloudPlatforms & InterfacesWeb
Target customers
Enterprise & Professional ServicesEnterprisesSMBs & SMEs
Business model
B2B

Tags

cloudsoftware-developerscyber-security