Your Source for Venture Capital and Private Equity Financings

Eon Emerges With $127M

2024-10-01
NEW YORK, NY, Eon, a next-generation cloud backup solution, announced its launch from stealth, having raised a total of $127 million in funding.
The first backup autopilot for the age of cloud infrastructure, Eon monitors cloud resource sprawl and brings cloud backup posture management (CBPM) to enterprises. Eon replaces legacy backup tools and generic snapshots, transforming backups into useful, easy-to-manage assets.

Since its founding in January 2024, Eon has secured three rounds of funding; a $20 million Seed led by Sequoia Capital with participation from Vine Ventures, Meron Capital, and Eight Roads, a $30 million Series A led by Lightspeed Venture Partners and participation from Sheva, and a $77 million Series B led by Greenoaks with participation from Quiet Ventures.

Eon is a next-generation cloud backup solution, introducing the first backup autopilot for the age of cloud infrastructure. It brings cloud backup posture management (CBPM) to enterprises and transforms traditional, hard-to-use cloud backups into useful, easy-to-manage assets.
(c) by Massinvestor, Inc. For contact info, please check out our about page.
>> Click here for in-depth research on 9,000+ startups and 5,000+ VC investors