Eon News
17 articles
"Data accessibility must be an integral part of business planning. Instead of focusing solely on recovering full cloud environments, organizations must think about continuous data availability," writes Ron Kimchi, Co-Founder and CTO of Eon.
The article, authored by Ron Kimchi, Co-Founder and CTO of Eon, emphasizes the importance of continuous data availability and proactive data accessibility strategies in business planning. It discusses the recent AWS outage, highlighting the critical dependency businesses have on cloud infrastructure and the need for organizations to have robust contingency plans. The piece argues for a shift in mindset from reactive to proactive strategies, ensuring data remains accessible even during outages. It underscores the importance of resilience and operational continuity, advocating for strategies that allow seamless transition between different cloud providers or regions.
עד היום לאופיר ארליך אין תואר ראשון, אך זה לא מפריע לו לגייס מיליונים ולעשות אקזיטים לחברות שלו ● גם כעת, כשהוא מנהל את חברת EON, העוסקת בגיבוי ענן, הוא עושה הכול בדרכו הייחודית: "יצאנו לדרך בלי מצגת, בלי שם חברה, בלי עובדים, בלי מוצר ובלי מכירות. גם היום, לאחר גיוס נוסף לפי 1.4 מיליארד, אין לנו מצגת"
EON, a cloud backup company founded by Ophir Erlich, has successfully raised significant investment rounds, reaching a valuation of $1.4 billion. Despite lacking a formal presentation or product, EON attracted investments from notable firms like Sequoia and Lightspeed, as well as prominent angel investors, including Omri Casspi. The company was established in early 2024 and quickly raised funds, initially valued at $750 million. EONs strategy focuses on leveraging the shift to cloud services post-COVID-19, aiming to capitalize on the growing demand for cloud backup solutions. The company is currently in the R&D stage, with plans to achieve substantial revenue from large clients.
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Ranked fourth in Globes "Most Promising Startups of 2025," the Israeli cloud backup company has been listed, even though unicorns don't usually appear, because it was only founded last year.
Eon, an Israeli company specializing in cloud data backup, has rapidly gained traction in the cybersecurity and AI sectors. Founded by former AWS executives, Eon focuses on securing long-term data storage, crucial for AI model training. The company has attracted significant investment from prominent venture capital firms like Sequoia Capital and Lightspeed Venture Partners, raising its valuation from $215 million to $1.4 billion within a year. Eon has successfully signed contracts with customers, including a large US-based bank, and is competing with established firms like Rubrik and Cohesity. The companys innovative approach and strong industry connections position it as a promising player in the cloud backup market.
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From AI safety to cloud backup innovation, two Israeli-founded startups bet on Google’s global scale.
Safe Superintelligence Inc. (SSI) and Eon.io, two Israeli-founded startups, have announced strategic collaborations with Google Cloud to enhance their technological capabilities. SSI, founded in June 2024, focuses on developing AI systems that prioritize safety and security. In September 2024, SSI secured $1 billion in funding from prominent venture capital firms to bolster its computing infrastructure and attract top-tier AI researchers. The partnership with Google Cloud will utilize Tensor Processing Units (TPUs) to enhance SSIs computational capabilities. Eon.io, established in early 2024, introduced a Cloud Backup Posture Management platform and announced $127 million in funding in October 2024. The company is collaborating with Google Cloud to integrate AI-driven search functionalities into its platform. These collaborations highlight a trend of startups aligning with tech giants to leverage advanced infrastructure and accelerate innovation.
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/PRNewswire/ -- Eon, the next-generation cloud data backup platform, has announced a strategic partnership with Google Cloud to accelerate enterprise data...
Eon, a next-generation cloud data backup platform, has announced a strategic partnership with Google Cloud to enhance enterprise data analytics and AI adoption. Eons platform transforms cloud backups into data lakes, enabling businesses to access and utilize their data more effectively. This partnership allows Eon to integrate with Google Clouds AI and data analytics tools, providing customers with improved data access, seamless integration, enhanced analytics, and cost savings. Eon is also joining Google Clouds ISV Springboard Program for additional support. Founded in 2024, Eon is backed by venture capital firms including Sequoia Capital, Lightspeed, Greenoaks, and BOND.
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/PRNewswire/ -- Eon, the next-generation cloud backup solution, today launched the first cloud-native package to provide protection and recovery from...
CEO Ofir Ehrlich on the conscious decisions behind Eon’s meteoric rise and the challenges ahead.
The Israeli cloud backup company saw its valuation soar last year in three financing rounds from $215 million to $1.4 billion.
Eon, an Israeli cloud backup company, has seen its valuation soar from $215 million to $1.4 billion over the past year, thanks to three financing rounds totaling $200 million. The company, founded by former AWS employees, offers a unique cloud data backup service that has attracted many customers, including those from Amazon. Eons growth has been fueled by the rise in ransomware attacks, which has increased demand for its services. The company plans to double its workforce by the end of the year. Investors, including Bond Capital, have shown strong interest, with potential for another financing round later this year to raise the valuation to $2.5 billion.
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בת שנה וכבר חד־קרן: EON מראה שהמשקיעים לא למדו את הלקח מהבועה
EON, a company founded by former AWS employees, has completed four rounds of funding, with the latest round valuing the company at approximately $1.4 billion. The rapid increase in valuation is attributed to the dynamics of the venture capital industry. The article discusses the broader context of the tech bubble during 2020-2021, where many companies achieved unicorn status. The cloud markets growth and experienced founders are highlighted as factors contributing to EONs success.
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The Israeli startup has been likened to "the next Wiz" due to its rapid fundraising trajectory and high-caliber team, achieving unicorn status in less than 12 months.
Eon, an Israeli startup founded by AWS veterans, has achieved unicorn status in less than a year, raising $70 million in a funding round led by BOND, bringing its total funding to approximately $200 million and its valuation to $1.4 billion. The company, which focuses on cloud resource management, has attracted significant attention from major venture capital firms. Despite its rapid fundraising success, it is unclear if Eon has started generating substantial revenue. The company was founded by Ofir Ehrlich, Ron Kimchi, and Gonen Stein, who have a history of successful ventures, including CloudEndure, which was sold to AWS for $200 million in 2019.
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AWS alumni had already previously raised $127 million in three funding rounds for Eon, which has been likened to "the next Wiz" due to its rapid fundraising trajectory and high-caliber team.
Eon, a startup founded by AWS alumni, has rapidly raised significant funding, reaching a valuation potentially as high as $1.4 billion. The company, which focuses on advanced cloud backup solutions, has completed three funding rounds, raising approximately $127 million. The latest Series B round, completed in the summer of 2024, raised $77 million at a valuation of $750 million. Eons rapid fundraising and high-caliber team have attracted major venture capital interest, although it remains unclear if the company has begun generating substantial revenue. The founders, Ofir Ehrlich, Ron Kimchi, and Gonen Stein, have a history of successful entrepreneurship, having previously co-founded CloudEndure, which was sold to AWS for $200 million.
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Eon rockets past $1 billion valuation in under a year, raising tens of millions more | CTech
Eon, a startup founded by AWS alumni, is rapidly gaining attention in the tech world due to its impressive fundraising efforts. The company, which focuses on advanced cloud backup solutions, has raised approximately $127 million in three funding rounds. Its latest round, completed in the summer of 2024, raised $77 million at a valuation of $750 million, with projections to exceed $1 billion. Eons founders, Ofir Ehrlich, Ron Kimchi, and Gonen Stein, have leveraged their experience from CloudEndure and AWS to attract significant investment from major venture capital funds. Despite its rapid valuation increase, it remains unclear if Eon has started generating substantial revenue.
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/PRNewswire/ -- Eon, the next-generation cloud backup platform, announced that its Chief Technology Officer and Co-Founder, Ron Kimchi, will be speaking at a...
Eon, a next-generation cloud backup platform, announced its participation in AWS re:Invent, where its CTO and Co-Founder, Ron Kimchi, will present on the benefits of automated and searchable cloud backups. The session will highlight Eons innovative solutions that transform cloud backups into strategic assets for businesses. Eon is backed by leading venture capital firms such as Sequoia, Lightspeed, and Greenoaks. The event will take place on December 5th at the MGM Grand in Las Vegas. Eons partnership with AWS is emphasized, as Chris Rogers from AWS will join the presentation, showcasing the collaboration between the two companies.
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The Israeli startup, which is developing a cloud-native data recovery system, has raised a total of $127 million in less than a year.
Eon, an Israeli startup developing a cloud-native data recovery system, has raised $127 million in less than a year, achieving a valuation of $750 million. Founded in December 2023, Eon has quickly attracted significant investment from prominent Silicon Valley investors, despite having no income and employing only 36 people. The company has completed three funding rounds, with the latest Series B round raising $77 million. Eon is led by experienced founders who previously sold CloudEndure to AWS. The startup aims to address the challenges organizations face in cloud data backup and recovery, capitalizing on the growing cloud infrastructure market. Eon plans to expand by adding 10 more engineers, focusing on product development and adoption.
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/PRNewswire/ -- Eon, a next-generation cloud backup solution, announced its launch from stealth, having raised a total of $127 million in funding. The first...
Eon, a next-generation cloud backup solution, has emerged from stealth mode, announcing its launch and a total of $127 million in funding. Founded by the team behind CloudEndure, Eon aims to revolutionize cloud backup posture management (CBPM) by replacing outdated backup tools with a fully managed, portable solution that offers global search capabilities. The company has secured funding from major investors like Sequoia Capital, Lightspeed Venture Partners, and Greenoaks. Eons innovative approach addresses the challenges enterprises face with cloud backup management, offering automated, searchable, and cost-effective solutions. The global cloud infrastructure market is rapidly growing, and Eon is positioned to become a leader in this space.
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Since its founding in January 2024, the startup has already raised $127 million in three financing rounds.
Eon, an Israeli cloud backup solution developer, has emerged from stealth mode and announced the completion of a $77 million Series B financing round led by Greenoaks, with participation from Quiet Ventures. Since its founding in January 2024, Eon has raised a total of $127 million across three funding rounds. The company, founded by Ofir Ehrlich, Gonen Stein, and Ron Kimchi, aims to revolutionize cloud backup storage and management by offering a fully managed, portable, and globally searchable solution. Eons innovative approach addresses the limitations of legacy backup tools, providing enterprises with automated and efficient backup solutions.
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"לא היה כזה מאז וויז": עוד לפני השקת מוצר, הסטארט־אפ איון כמעט חד קרן
Eon, a startup founded by former Amazon AWS developers, has raised approximately $80 million in its third funding round, led by Greenoaks from San Francisco. This investment values the company at around $800 million, bringing it close to unicorn status even before officially launching a product. The company was established roughly nine months ago, and this recent funding round highlights significant investor confidence in its potential.
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