Cyera acquires Ryft to give enterprises traceable data access for AI agents

Artificial intelligence and data security company Cyera Ltd. announced today that it has acquired Ryft Data Inc., an Israeli startup that has built an automated data lake platform designed for enterprises deploying AI agents.

The terms of the deal were not disclosed, although Globes reports that market sources estimate the acquisition is valued at between $100 million and $130 million.

Founded in 2024, Ryft offers a platform that enables fast, secure access to enterprise data while automatically analyzing how that data is accessed by both employees and AI agents. The platform automates authorization, classification and optimization of information and is built on an open-source standard, allowing customers to retain control of their data without vendor lock-in.

Ryft’s managed layer handles optimization, compliance, disaster recovery and governance automatically by removing the manual engineering overhead typically required to keep a data lake performant and audit-ready. The combination is pitched as an AI-ready data lake capable of supporting agent workloads that need clean, well-managed and traceable data access at scale, rather than the loosely governed data swamps that have become common in enterprise environments.

The company’s platform is designed to sit alongside existing query engines and analytics tools without forcing customers to migrate data or commit to a proprietary stack. The architecture also gives security and compliance teams a consistent view of what data AI agents are reaching, what permissions they used and what actions followed, a capability that faces challenges as agentic systems multiply across enterprise environments.

The acquisition adds agent-ready data lake capabilities to Cyera’s data security platform as enterprises race to deploy autonomous AI systems that access, analyze and act on sensitive corporate data. Cyera said the deal will accelerate its roadmap for delivering instantly traceable, secure data access for agentic AI at scale.

Ryft Chief Executive Officer Yossi Reitblat will lead AI security activities at Cyera following the close of the deal, with the Ryft team forming a new group focused on the intersection of AI, data and information security.

“The Ryft team brings deep expertise at the intersection of data and AI and will play a key role as we build a unified data and AI control plane to help enterprises adopt agentic AI safely and at speed,” said Tamar Bar-Ilan, co-founder and chief technology officer at Cyera.

Coming into its acquisition, Ryft had raised $8 million in funding from investors including Index Ventures SA and Bessemer Venture Partners.

The deal is Cyera’s fourth acquisition in five years and comes after the company raised $400 million in new funding in January on a valuation of $9 billion.

Image: Ryft