- Cyera, the AI-powered data security unicorn, has acquired Ryft, a startup approximately two years old, for between $100 million and $130 million, per CTech reporting.
- The deal is one of the higher-valued acquisitions relative to company age in the enterprise data security sector in recent memory.
- Cyera, founded in 2021, had raised more than $760 million in venture funding through its $300 million Series D in early 2024 at a valuation of approximately $1.4 billion.
- The acquisition is expected to extend Cyera’s data security posture management platform into additional capability areas.
What Happened
Cyera, the New York-based data security platform company, has acquired Ryft, a startup founded roughly two years ago, in a deal valued between $100 million and $130 million, according to CTech. The acquisition, reported April 23, 2026, adds Ryft’s capabilities to Cyera’s existing platform, which uses AI to automatically discover, classify, and secure sensitive data across cloud environments.
The price range of $100 million to $130 million for a company roughly two years old indicates a premium acquisition driven by strategic capability fit rather than revenue multiples alone.
Why It Matters
Cyera has been one of the most heavily funded companies in the data security posture management (DSPM) space since its founding in 2021 by CEO Yotam Segev and CTO Tamar Bar-Ilan. The company closed a $300 million Series D round in early 2024, bringing its total disclosed funding to over $760 million and pushing its valuation to approximately $1.4 billion to $1.5 billion.
The DSPM market has undergone significant consolidation as enterprises face growing regulatory and operational pressure to locate and classify sensitive data distributed across multi-cloud architectures. Cyera’s acquisition of Ryft follows a broader pattern of larger security platforms acquiring younger, specialized startups to expand coverage faster than organic development would allow.
Technical Details
Cyera’s core platform performs agentless, AI-driven discovery and classification of sensitive data across AWS, Azure, and Google Cloud environments, identifying data risk without requiring pre-defined data catalogs or manual inventory processes. The platform generates a continuous map of where sensitive data lives, who can access it, and what security controls are applied—capabilities that have become increasingly important as enterprise AI adoption accelerates data sprawl.
Ryft, founded approximately in 2024 based on the reported company age, was operating in adjacent data or AI security territory, though full technical details of its product and integration roadmap were not available in the source at time of publication. The deal structure—whether cash, equity, or a combination—has not been disclosed publicly as of April 23, 2026.
Who’s Affected
Enterprise security and compliance teams managing large-scale cloud data environments represent the primary customer base for the combined company. Cyera’s existing customers are concentrated in regulated industries—financial services, healthcare, and technology—where data classification requirements have grown alongside AI adoption and multi-cloud deployments.
Ryft’s existing customers and team members will be absorbed into Cyera’s operations. Given that CTech, an Israeli-focused technology publication, reported the deal, both companies are likely to have Israeli operational ties, which is consistent with Cyera’s founding history.
What’s Next
Cyera has not publicly announced a timeline for integrating Ryft’s technology into its platform or detailed product changes expected to follow the acquisition. Post-closing integration work typically spans six to eighteen months for acquisitions of this type, depending on the degree of technical overlap and customer base alignment.
The deal continues Cyera’s strategy of expanding platform coverage through acquisition; the company should be expected to articulate how Ryft’s capabilities map to its product roadmap in the weeks following the close.
