What is Eon?
Eon operates as the first cloud backup posture management (CBPM) platform, designed to solve the persistent challenge of enterprise data accessibility. Founded by industry veterans Ofir Ehrlich, Gonen Stein, and Ron Kimchi—the same team responsible for AWS Disaster Recovery and Migration services—the company provides a unified, queryable interface for data that was previously locked in static backups. By automating the conversion of complex, costly storage into actionable data lakes, Eon enables organizations to accelerate recovery times, ensure regulatory compliance, and unlock the full potential of their information for deep learning and business intelligence applications. This unique value proposition addresses the critical need for data resilience in an era where information is the primary driver of competitive advantage.
How much funding has Eon raised?
Eon has raised a total of $497M across 5 funding rounds:
Multiple Rounds
$197M
Series D
$300M
Series A (2024): $30M with participation from Sheva and Lightspeed Venture Partners
Series B (2024): $77M led by Quiet Ventures and Greenoaks
Seed (2024): $20M supported by Vine Ventures, Meron Capital, Sequoia Capital, and Eight Roads
Series C (2024): $70M featuring BOND, Greenoaks, Lightspeed Venture Partners, and Sequoia Capital
Series D (2025): $300M backed by Greenoaks, Sequoia Capital, Elad Gil, and Lightspeed Venture Partners
Key Investors in Eon
Sequoia Capital
A global venture capital firm with an unparalleled track record of partnering with entrepreneurs to create market-leading companies across the technology spectrum.
Lightspeed Venture Partners
A global multistage venture capital firm that invests in early and growth-stage technology companies across enterprise software, infrastructure, and fintech sectors.
Greenoaks
A strategic investment firm dedicated to identifying and partnering with exceptional companies at early stages to support long-term innovation and market impact.
What's next for Eon?
With the infusion of $300M, Eon is well-positioned to accelerate its product roadmap and expand its market footprint. The company's strategic focus will likely center on deepening its AI integration capabilities and scaling its CBPM platform to meet the complex requirements of global enterprise clients. As the firm transitions into a more mature growth phase, the continued backing from high-profile investors suggests a strong trajectory toward establishing Eon as the industry standard for cloud data utility. Future initiatives will likely prioritize the expansion of its engineering talent and the development of advanced analytics features that further simplify the intersection of data protection and operational intelligence.
See full Eon company page
