logo
logo

Ryft raises $8M in Seed funding led by Index Ventures to empower businesses in managing their data independently from large cloud providers.

Jul 09, 20257 days ago

Amount Raised

$8 Million

Round Type

seed

New YorkAnalyticsData Center

Investors

CiscoConfluentCrowdstrikeZscalerWiz FoundersBessemer Venture PartnersIndex Ventures

Description

Ryft has emerged with $8 million in Seed funding to enhance data management for enterprises. The funding round was led by Index Ventures with participation from Bessemer Venture Partners and several founders from Wiz. The startup focuses on providing businesses with better control over their data without vendor lock-in. Ryft aims to simplify data infrastructure for companies seeking to leverage AI while avoiding complexity.

Company Information

Company

Ryft

Location

New York, New York, United States

About

Ryft is the Automated Iceberg Management Solution. We help 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.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People