Eon Raises $70 Million in Series C
Eon, a New York-based next-generation cloud backup platform, has raised $70 million in a Series C funding at a $1.4 billion valuation.
Eon, a New York-based next-generation cloud backup platform, has raised $70 million in a Series C funding at a $1.4 billion valuation.
Investors
The round was led by BOND, with participation from existing investors Sequoia Capital, Greenoaks, and Lightspeed Venture Partners. Since its founding in January 2024, Eon has raised $200 million.
BOND is a global technology investment firm that supports visionary founders throughout their entire innovation and growth journeys. Based in San Francisco, California, the firm invests in companies operating in the information technology and consumer products and services sectors.
About Eon
Founded in 2024 by Ofir Ehrlich and Gonen Stein, Eon provides a backup platform for the age of cloud infrastructure. Its platform eliminates manual backup tasks by autonomously scanning, mapping, and classifying cloud resources. Eon's mission is to provide instant access to all backed-up cloud data, through a next-generation platform – unlocking backups' true potential. Eon has already filed dozens of patents for cloud storage and data management technologies.
Funding Details
Company: Eon, Inc.
Raised: $70.0M
Round: Series C
Funding Date: November 2024
Lead Investor: BOND
Additional Investors: Sequoia Capital, Greenoaks, Lightspeed Venture Partners
Company Website: https://www.eon.io/
Software Category: Cloud Backup Management
