Cyera, the AI security company valued at US$9bn, announced on 23 April that it has acquired Ryft, an Israeli start-up that has built a secure, automated data lake for AI agents.
Why Cyera is buying Ryft
Cyera said adding Ryft would extend its data security platform into the data lake layer where AI agents increasingly operate, letting customers authorise, classify and govern data used by agents without migrating to a proprietary stack.
“Enterprises shouldn't have to choose between control and ease of use.”
Deal terms and financing
Neither company disclosed financial terms. Globes reported that market sources estimate the price at between US$100m and US$130m.
Market context
Ryft was founded in 2024 by CEO Yossi Reitblat, CTO Yuval Yogev and VP R&D Guy Gadon and is backed by Index Ventures and Bessemer Venture Partners. Cyera recently raised US$400m at a US$9bn valuation, according to Globes.
