Eon United Kingdom United States of America Israel New York
07.08.2025 - 18:06:25Eon's Valuation Reaches $1.4 Billion in Under a Year, Becoming the Fastest Growing Company in Cloud Infrastructure
Eon is the first backup platform for the age of cloud infrastructure. By creating a new tier of storage, it enables instant access to backed-up data, which until now has been a "black box." Eon's platform eliminates manual backup tasks by autonomously scanning, mapping, and classifying cloud resources. At its core, Eon allows enterprises to finally control and utilize their backups, offering full visibility and seamless access to data whenever needed.
"Sometimes, an innovation arrives that doesn't just improve processes—it completely redefines them. From our first meeting with Eon's founders, we knew they were onto something that would reshape the enterprise landscape," said Jay Simons, Partner at BOND. "Eon is setting a bold new benchmark for how companies operate, and we're excited to support them in driving this transformation forward."
Founded by Ofir Ehrlich and Gonen Stein, of the CloudEndure founding team (acquired by Amazon Web Services in 2019), and Ron Kimchi, former general manager of AWS migration and disaster recovery services, Eon launched in October with $130 million in funding. With the new funding from BOND, Eon has now raised $200 million in under a year from Sequoia Capital, Lightspeed Venture Partners, Greenoaks, and dozens of industry leaders.
"With Eon we set out to put an end to backup challenges for enterprises by providing instant access to all backed-up cloud data. This fundamentally changes the essence of backups by making them instrumental to businesses for the first time," said Ofir Ehrlich, Co-Founder and CEO of Eon. "During our conversations with Jay and the BOND team it became clear how valuable they would be as a partner to Eon as we work to reinvent cloud backup management. BOND's track record of investing in industry-defining companies speaks for itself, and we are excited to have them join us".
Eon will be attending AWS re:Invent in Las Vegas from December 2nd – 6th with CTO Ron Kimchi speaking at a breakout session. Alongside Chris Rogers, Senior Manager of Storage Solutions Architects at AWS, they will present a session that will explore advanced capabilities for cloud backup and recovery.
About Eon
Eon's mission is to provide instant access to all backed-up cloud data, through a next-generation platform – unlocking backups' true potential. By introducing the first backup autopilot for the age of cloud infrastructure, Eon brings cloud backup posture management (CBPM) to enterprises and transforms traditional, hard-to-use cloud backups into useful, easy-to-manage assets. Founded in 2024 by Ofir Ehrlich and Gonen Stein, of the CloudEndure founding team (acquired by Amazon), along with Ron Kimchi, former GM of AWS Migration and Disaster Recovery Services, Eon is backed by leading venture capital firms including BOND, Sequoia, Greenoaks, and Lightspeed, as well as dozens of industry leaders. For more information and to learn more, please visit https://www.eon.io/.
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