(AI shutterstock image)
Over the last decade of the company such as Snowflake, Databricks, Microsoft and Google, they make it easy to store, process and analyze data on companies. Their platforms offered strong skills outside the box, but they also come up with compromises. The most need to work in the ecosystem of one supplier.
For many organizations, this model worked well. For others, this raised questions about flexibility and control. Now the new player has entered the market with another consent that offers a fully managed experience without locating customers in a proprietary magazine.
Ryft, a startup based on Tel Aviv, has just emerged from a secrecy with $ 8 million to finance seeds and a platform aimed at providing business car over their data infrastructure. Its playground is simple: make the same easy management of your own data as if it has been handed over to the supplier.
The seed financing was led by index Ventures and joined Bessemer Venture Partners and members of the founding teams in Wiz and EON, as well as the managers of ZSCaler, Crowdstrike, Confluent and Cisco.
The core of Ryft’s platform is managed by a data layer built on Apache Iceberg, FRONT Format of an open source code for modern data lakes. Iceberg allows organizations to separate storage and calculate, enable functions such as travel and gate, and avoids limiting architectures specific to suppliers. It has become a preferred basis for companies that seek a scale, holding flexibility and openness.
Ryft builds on this foundation by dealing with everyday complexity that often prevents teams from full control of their data. Behind the scenes are managed tasks such as optimization, administration of public affairs, compliance and recovery after disaster. The aim is to leave GONEFIT from open architecture without getting to the operational burden that usually comes with it.
Credits: Ryft.io
The focus on ease and control is what the founding team Ryft considers to be the key to helping a business stay. “Businesses want to innovate faster, move with confidence and build the right foundation for AI without sinking time and resources into a comprehensive infrastructure. See,” said Yossi Reitblat, co -founder and CEO of Ryft.
“Ryft allows every company to own, ruler and optimize its data with the same ease as they expected from external sellers, only now it is fully in their hands,” Reitblat added.
Apache Iceberg acquires Grund quickly, not only as a technical format, but as a signal where corporate data strategies are heading. Companies are increasingly re -evaluating where it makes sense to build closed systems when open standards can offer greater control and flexibility. While the main cloud providers have begun to offer Iceberg’s compaatibility, they often do with the boundaries of their own ecosystems.
Ryft takes a different approach. Iceberg is not something that the platform supports simple. It’s a foundation. This focus on openness can depend on how multiple companies try to create a data system that can evolve, scal and support AI tools they want to use.
While Ryft emerged only from secrecy, he lives in the field. It is used by customers in finance, electronic trading, adde, gaming and cybersecurity. This timely deployment suggests that the promise of Ryft control resonates with customers working with data systems that must be fast, compatible and highly reliable.
The focus on the simplicity, control and readiness of AI also resonated with investors, especially those that carefully monitor how business data infrastructure develops. “Ryft today solves one of the most difficult challenges in data infrastructure, which provides teams for easy use of victims,” said Juriaan Duizestraal, Partner of Index Ventures.
“By building an Iceberg Apache, they created a platform that eliminates the supplier locking, simplifies data storage tanks, and allows you to accept AI for businesses.”
For Duizestraal and his team, only technology excelled it – they were people behind it. “Our first meeting excelled the energy of the team, the clarity of thinking and ambition,” he said. “Yossi, Yuval and Guy do not just society; form a full -scale category. No wonder they attract an exceptional talent.”
Ryft was founded by Yossi Reitblat, Yuval Yogev and Guy Gadon, who together for several years together on technical projects. Their background includes infrastructure, security and data system and brings sweets teams in dealing with modern data architecture. This perspective formed May from the first platform decisions.
With fresh financing in hand, the team is now focused on building dynamics. This includes hiring more engineers, growing market traffic and new partnerships. Given that the interest in Iceberg continues to rise and businesses are looking for alternatives to profitical cloud piles, Ryft bet that timing is on its side.
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