Eon - About the company
Eon is a series C company based in New York City (United States), founded in 2024 by , and . It operates as a Cloud-based platform offering automated backup and data protection solutions. Eon has raised $197M in funding from Greenoaks and Bond Capital, with a current valuation of $1.4B. The company has 913 active competitors, including 62 funded and 97 that have exited. Its top competitors include companies like Acronis, Rubrik and Veeam.
Sectors and market segments that Eon operate in
Eon serves in the B2B, SaaS space.Company Details
Cloud-based platform offering automated backup and data protection solutions. It automatically maps and classifies cloud resources, ensuring necessary data is stored, which optimizes storage costs. The platform allows for automatic application of backup policies based on business needs and compliance requirements, ensuring that data is backed up appropriately.
- Website
- Email ID
- @eon.io
Key Metrics
Founded Year
2024
Location
New York City, United States
Stage
Series C
Total Funding
in 4 rounds
Latest Funding Round
Post Money Valuation
as on Nov 26, 2024
Ranked
34th among
Similar Companies
Acronis &
Legal entities associated with Eon
Eon is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
---|---|---|---|---|
CIN: 2865450 United States, Active | Jan 02, 2024 | - | - | - |
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Eon's funding and investors
Eon has raised a total funding of $197M over 4 rounds. Its first funding round was on Jan 01, 2024. Its latest funding round was a Series C round on Nov 26, 2024 for $70M. 4 investors participated in its latest round, lead by Bond Capital.
Eon has 9 institutional investors including Greenoaks, Bond Capital and Eight Roads Ventures.
Here is the list of recent funding rounds of Eon:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
---|---|---|---|---|---|
Nov 26, 2024 | $70M | Series C | - | - | |
Oct 01, 2024 | $77M | Series B | - | - | |
Sep 01, 2024 | $30M | Series A | - | - |
View details of Eon's funding rounds and investors
Eon's founders and board of directors
The founders of Eon are , and . is the CEO of Eon.
Here are the details of Eon's key team members:
- : Co-Founder & CEO of Eon and founder of , and CloudEndure.
- : Co-Founder & CRO of Eon.
- : Co-Founder & CTO of Eon.
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Eon's Competitors and alternates
Top competitors of Eon include Acronis, Rubrik and Veeam. Here is the list of Top 10 competitors of Eon, ranked by ÃØÃÜÑо¿Ëù score:
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Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
---|---|---|---|---|---|
1st | Cloud based platform offering enterprise management solutions | $658M | CPP Investments, Kaplan Group InvestmentsÌý&²¹³¾±è;Ìý | 78/100 | |
2nd | ![]() Rubrik 2014, Palo Alto (United States), Public | Provider of live data access for recovery and application development platform | $553M | Kaplan Group Investments, IVPÌý&²¹³¾±è;Ìý | 78/100 |
3rd | Veeam 2006, Columbus (United States), Acquired | Cloud based platform offering IT backup management solutions | $645M | CPP Investments, Insight PartnersÌý&²¹³¾±è;Ìý | 77/100 |
4th | Datto 2007, Norwalk (United States), Acquired | Cloud based platform offering continuity management software | $100M | SLR Investment Corp, HTIFÌý&²¹³¾±è;Ìý | 73/100 |
5th | ![]() AvePoint 2001, Jersey City (United States), Public | Cloud based platform offering data backup and recovery solutions | $90M | Herald Investment Management, Goldman SachsÌý&²¹³¾±è;Ìý | 68/100 |
6th | Cohesity 2013, San Jose (United States), Series F | Cloud and AI based enterprise data backup and management solutions | $810M | Harmony Venture Partners, Founders Circle CapitalÌý&²¹³¾±è;Ìý | 67/100 |
7th | ![]() Druva 2008, Santa Clara (United States), Series H | Cloud based data security solutions | $475M | Hercules Capital, Founders Circle CapitalÌý&²¹³¾±è; Ìý | 66/100 |
8th | Veritas Technologies 1989, Mountain View (United States), Acquired | Cloud and AI based data governance software for enterprises | $18.6M | Point Financial, Bessemer Venture PartnersÌý&²¹³¾±è;Ìý | 65/100 |
9th | Code42 2001, Minneapolis (United States), Acquired | Cloud based endpoint data backup and security solution | $138M | Odenn Ventures, New Enterprise AssociatesÌý&²¹³¾±è;Ìý | 62/100 |
10th | IDrive 1995, Calabasas (United States), Series A | Cloud based storage and secure backup solution | $3M | 62/100 | |
34th | 2024, New York City (United States), Series C | Cloud-based platform offering automated backup and data protection solutions | $197M | Eight Roads Ventures, Sequoia CapitalÌý&²¹³¾±è;Ìý | 51/100 |
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Eon's Investments and acquisitions
Eon has made no investments or acquisitions yet.
Reports related to Eon
Here is the latest report on Eon's sector:
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News related to Eon
Media has covered Eon for a total of 5 events in the last 1 year.
•
manager magazin•May 14, 2025•Eon
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VC News Daily•Nov 26, 2024•Eon Art Products, Sequoia Capital, Greenoaks, Lightspeed Venture Partners and 3 others
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