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Eon, a cloud backup startup founded in January 2024, has emerged from stealth mode, raising a total of $127 million to simplify access to cloud data backups. The funding includes a $20 million seed round led by Sequoia, a $30 million Series A, and a $77 million Series B, resulting in a valuation of $750 million. Eon aims to address the challenges of traditional cloud backups, such as manual steps, high costs, limited flexibility, and lack of data context, by providing a cloud-native backup solution.
Traditional cloud backups can be a hassle with manual steps, high costs, limited flexibility, and a lack of data context. Eon, a cloud-native backup solution, is taking a new approach. Their goal is to address these challenges head-on, laddering up to their mission of providing aā¦ https://t.co/g7cJyMVika
Cloud backup startup Eon, founded in January 2024, emerges from stealth with a Sequoia-led $20M seed, a $30M Series A, a $77M Series B, and a $750M valuation (@ingridlunden / TechCrunch) https://t.co/oWdM1vIRtK š« Subscribe: https://t.co/OyWeKSRpIM https://t.co/xBwevGxVzX
Eon emerges from stealth with $127M to bring a fresh approach to back up cloud infrastructure: https://t.co/qCjthlPSDc by TechCrunch #infosec #cybersecurity #technology #news