# Raftt Systems

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/raftt-systems

- Industry: Software
- Headquarters: Tel Aviv, Israel
- Website: www.raftt.io
- Total disclosed funding: $5M
- Latest round: Seed (Sep 5, 2022)
- Investors on record: 2

## About

Based in Tel Aviv, Israel, and founded in 2021 by CEO Roy Iarchy, and CTO Gahl Saraf, Raftt Systems Ltd., a.k.a. Raftt provides a platform to create and share developer environments that run in the cloud, enabling coding, testing, and debugging while using existing local IDEs and other tools and workflows. In September 2022, Raftt raised USD 5 million in seed funding co-led by Aleph and Cardumen Capital. As of September 2022, the company employs about 14 employees at its development center in Tel Aviv. In December 2023, the company was acquired by Wiz Inc. for USD 50 million.

The company provides a cloud-based platform that allows software developers to eliminate setup and drift between environments, create unlimited environments, and spend more time focusing on their code. The platform also connects multiple developers to the remote development environment along retains the current workflow. Raftt’s client base includes cyber companies and startups, such as EasySend.

Raftt plans to use its proceeds from September 2022 funding to accelerate market penetration strategy and product development.

## Funding rounds

- Seed, Sep 5, 2022, $5M — Aleph, Cardumen Capital

## Investors

- Aleph (https://capitalatlas.ai/funds/aleph) — Seed
- Cardumen Capital (https://capitalatlas.ai/funds/cardumen-capital) — Seed