Loading...
Market
Story
Eon Raises $127M, Achieves $750M Valuation to Simplify Cloud Data Backups
Oct 1, 2024, 12:35 PM
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.
View original story
Similar markets
Less than $5 million • 25%
$5 million to $10 million • 25%
$10 million to $15 million • 25%
More than $15 million • 25%
Less than €5 million • 25%
€5 million to €10 million • 25%
€10 million to €20 million • 25%
More than €20 million • 25%
Below €10 billion • 25%
€10 billion - €20 billion • 25%
€20 billion - €30 billion • 25%
Above €30 billion • 25%
Above 25% • 25%
15% to 25% • 25%
5% to 15% • 25%
Below 5% • 25%
Below €7 billion • 25%
€7 billion - €8 billion • 25%
€8 billion - €9 billion • 25%
Above €9 billion • 25%
Less than $150 million • 25%
$150 million to $200 million • 25%
$200 million to $250 million • 25%
More than $250 million • 25%
Less than $50M • 25%
$50M to $99M • 25%
$100M to $149M • 25%
$150M or more • 25%
Less than £2 billion • 25%
£2 billion to £2.5 billion • 25%
£2.5 billion to £3 billion • 25%
More than £3 billion • 25%
Less than £10 million • 33%
£10 million to £30 million • 34%
More than £30 million • 33%
Less than $1 billion • 25%
$1 billion - $1.5 billion • 25%
$1.5 billion - $2 billion • 25%
More than $2 billion • 25%
Less than $500 million • 25%
$500 million - $700 million • 25%
$700 million - $900 million • 25%
More than $900 million • 25%
Less than 20% • 25%
20% to 40% • 25%
40% to 60% • 25%
More than 60% • 25%