Eon

2024 - 9 - 30

Eon Emerges from Stealth with a Whopping $127 Million—Cloud Backups Will Never Be the Same!

Cloud Backup - Cloud Infrastructure - Data Management - Data Recovery Systems - Eon Startup - Funding in Tech - Israeli Startups

Discover how Eon is revolutionizing cloud backups with $127 million funding!

Israeli startup Eon has just made waves in the tech world after emerging from stealth mode with an impressive $127 million funding round, led by big names like Sequoia Capital and Lightspeed Venture Partners. This ambitious new player in the cloud backup game promises to transform data backups into easily manageable assets. With features such as granular restores and searchable database snapshots, Eon aims to take the headache out of the often cumbersome world of cloud data management. It’s like giving your cloud backups a spa day—what’s not to love?

In a world where backups can become intricate puzzles, Eon has positioned itself as the knight in shining armor. Founded by a team of experts who previously sold their last company to Amazon, the crème de la crème of tech companies, Eon has a unique pedigree. The founders are determined to simplify cloud backup processes significantly, transforming what’s typically a grueling task into a seamless experience. After all, who has time for backup headaches when there are TikTok dances to learn and cat videos to watch?

In less than a year since its inception in January 2024, Eon has managed to secure this substantial sum of investment, which not only reflects confident backing but also anticipates a skyrocketing valuation potentially exceeding $750 million. The startup begins its quest to disrupt the data protection market at a pivotal moment as organizations face ever-growing volumes of data. As more businesses shift their operations online, Eon’s mission highlights the urgent need for innovative solutions that allow for both flexibility and security in data management.

So, what does all this mean for the average cloud user? Well, staying connected and protected has never been more crucial. Eon's innovative approach could allow even your Aunt Edna to manage her online book collection backups without breaking a sweat.

As Eon sets out to pave a new path in the cloud backup industry, it's worth noting that such innovations are vital in our increasingly digitized lives. With their experience and innovative vision, it looks like cloud backups may soon say goodbye to confusion and chaos, engineered to become as easy as a Sunday stroll in the park. And speaking of parks, did you know that the largest cloud provider in the world, AWS, also started its journey in a garage? If only all startup stories came with such inspiring backdrops!

Can you even imagine a world where cloud data backups don't feel like brain surgery? Well, with Eon’s vision, that dreamy world may just be right around the corner!

Post cover
Image courtesy of "Blocks and Files"

Eon secures $127 million to turn cloud backup headaches into ... (Blocks and Files)

Israeli startup Eon says it transforms cloud backups into easy-to-manage assets with granular restores and searchable database snapshots.

Post cover
Image courtesy of "Enterprise Times"

Eon emerges from stealth with $127 million funding (Enterprise Times)

Eon, the vendor aiming to reinvent Cloud Infrastructure Backup, has emerged from stealth and raised $127 million. Sequoia Capital, Lightspeed Venture ...

Eon Launches out of Stealth with $127 Million to Reinvent Cloud ... (PRNewswire)

PRNewswire/ -- Eon, a next-generation cloud backup solution, announced its launch from stealth, having raised a total of $127 million in funding. The first.

Post cover
Image courtesy of "CTech"

The next Wiz? Eon raises $77M at $750M valuation before product ... (CTech)

The Israeli startup, which is developing a cloud-native data recovery system, has raised a total of $127 million in less than a year.

Post cover
Image courtesy of "TechCrunch"

Eon emerges from stealth with $127M to bring a fresh approach to ... (TechCrunch)

A team of founders who sold their last company to Amazon to build a new unit within AWS is setting out to reinvent the tricky business of backing up.

Post cover
Image courtesy of "SiliconANGLE News"

Eon raises $127M to simplify access to cloud data backups ... (SiliconANGLE News)

Cloud data backup specialist Eon exited stealth mode today, saying the time is right for it to reveal its plans to disrupt the data protection market.

Post cover
Image courtesy of "Globes"

Israeli cloud backup co Eon raises $77m (Globes)

Since its founding in January 2024, the startup has already raised $127 million in three financing rounds.

Post cover
Image courtesy of "Yahoo News"

Eon emerges from stealth with $127M to bring a fresh approach to ... (Yahoo News)

A team of founders who sold their last company to Amazon to build a new business within AWS is setting out to reinvent the tricky business of backing up an ...

Explore the last week