Ryft Data, Inc.

Ryft Data, Inc. is a technology company based in the US, specializing in automated data management solutions that optimize data usage and performance for enterprises in analytics and lakehouse environments. Ryft Data, Inc. focuses on providing advanced Iceberg management solutions.

The company was founded in 2024 in New York, US. In April 2026, Cyera US Inc. , a portfolio company of Blackstone Group, Greenoaks Capital, Lightspeed Venture Partners, Sapphire Ventures, AT&T Ventures, Coatue Management, Georgian, Spark Capital, Redpoint Ventures, Cyberstarts, Sequoia, and Accel, acquired Ryft Data, Inc. from Bessemer Venture Partners and Index Ventures for approximately USD 100 million.

The founder's history or details regarding prior ventures are not available. Ryft offers an advanced automated Iceberg management solution designed to optimize and maintain Iceberg tables based on user-specific data usage patterns. This product enhances table performance and storage efficiency through automated processes such as partitioning, sorting, and table property tuning. By integrating seamlessly with existing query engines and ingestion pipelines, Ryft provides users with a unified view of their data across platforms like Spark, Trino, and Snowflake, enabling businesses to understand data usage and enhance performance.

The solution allows organizations to set retention policies for efficient data management and compliance with regulations such as GDPR. Ryft’s products are marketed primarily to enterprises operating within the data analytics and lakehouse environments across North America, Europe, and Asia-Pacific regions. The revenue model of Ryft is structured around subscription-based services, providing clients with access to its automated Iceberg management platform. Clients, primarily businesses in the data analytics sector, engage with Ryft through various pricing plans that cater to different scales of operation, from startups to large enterprises.

The transactions typically involve a recurring fee for the usage of the software, which may include features like automated table maintenance and data retention management. This direct-to-business model ensures that organizations can leverage Ryft's capabilities for improved data performance and compliance while benefiting from the scalability of the service. Specific pricing details for individual services and products are tailored to meet the diverse needs of Ryft's client base, ensuring a customized solution for each enterprise's data management challenges. The April 2026 acquisition enables Cyera US Inc.

to expand capabilities in AI‑native data security by integrating Ryft’s automated data lake technology designed to manage and secure data access for AI systems and autonomous agents.