Cybersecurity company Cyera announces the acquisition of Israeli startup Ryft, specializing in automated and secure data management for AI systems. The amount of the operation has not been communicated, but is estimated between 92 and 120 million euros, for a company which had only raised 6.8 million euros.
Founded in 2024, Ryft is developing a platform capable of analyzing and governing access to data in real time, both humans and autonomous agents, by automating authorization, classification and optimization processes. The team of around 15 people joins Cyera, where its CEO Yossi Reitblat will head the AI security division.
This acquisition is part of Cyera’s acceleration strategy for securing uses linked to AI, in a context of strong growth. Valued at 7.6 billion euros after a recent raising of 340 million euros, the company is carrying out build-up operations to consolidate its positioning.