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Israeli cloud startup Eon has raised over $200 million in funding, achieving a valuation of $1.4 billion as it focuses on enhancing cloud data resilience. Co-founder Ofir Ehrlich highlighted the challenges of cloud backup for large systems at a recent conference, noting it as an underserved area. With backing from prominent investors like Sequoia, Eon is well-positioned to compete in the global cloud infrastructure market.
Israeli cloud startup Eon has raised over $200 million in funding, achieving a valuation of $1.4 billion as it focuses on enhancing cloud data resilience. Co-founder Ofir Ehrlich highlighted the challenges of cloud backup for large systems at a recent conference, noting it as an underserved area. With backing from prominent investors like Sequoia, Eon is well-positioned to compete in the global cloud infrastructure market.
Eon, a startup founded by ex-AWS engineers, is revolutionizing cloud backup with its innovative snapshots that allow for instant, file-level access and retrieval across multiple cloud providers. By automating resource mapping and applying context-aware backup policies, Eon enhances usability and reduces operational costs, addressing the inefficiencies of traditional backup methods. With significant funding and a growing customer base, Eon is poised to differentiate itself in the competitive cloud backup market.
Gonen Stein
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Israeli cloud startup Eon raises 200 million to enhance data resilience
07:00 11.03.2025
Israeli cloud startup Eon raises 200 million to enhance data resilience
07:00 11.03.2025
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23:32 27.11.2024
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