Where is Eon headquartered?

Eon is headquartered in New York, NY, USA (also founded in Israel). The company has a team of 101-500 people.

When was Eon founded?

Eon was founded in 2024. It is based in New York, NY, USA (also founded in Israel).

Who is the CEO of Eon?

Ofir Ehrlich is the CEO of Eon. The company was founded in 2024.

Where is Eon located?

Eon is headquartered in New York, NY, USA (also founded in Israel).

What funding stage is Eon at?

Eon is currently at the Growth Stage stage.

How many employees does Eon have?

Eon has approximately 101-500 employees.

Eon

Category: AI Infrastructure

Autonomous cloud data foundation platform that protects enterprise data and transforms backup data into actionable context for AI Eon was founded in 2024. The company is led by Ofir Ehrlich. Based in New York, NY, USA (also founded in Israel). Team size: 101-500. Total funding raised: $500M. Latest round: Series D. Key investors include Elad Gil / Gil Capital, Sequoia Capital, Lightspeed Venture Partners, Greenoaks, BOND, Affinity, Omri Casspi, Vine Ventures, Meron Capital, Eight Roads, Sheva, Quiet Ventures.

Founded: 2024
Headquarters: New York, NY, USA (also founded in Israel)
Team size: 101-500
Total funding: $500M

Value proposition

Eon converts static, inaccessible cloud backup data into a live, browsable, searchable, and queryable data lake that can be instantly leveraged for AI training, analytics, and rapid self-service recovery — while reducing backup costs by 30-50%.

Products and solutions

Eon Data Protection (autonomous cloud data protection with ransomware/rogue-agent recovery), Eon Mind (living, grounded context for AI — turns backup data into open-format data lake for AI/analytics), Cloud Backup Posture Management (CBPM) platform

Unique value

First-ever Cloud Backup Posture Management (CBPM) platform that turns backup data from passive insurance into active business intelligence — eliminating the need for complex ETL pipelines to make backup data usable for AI

Target customer

Enterprise cloud teams, data engineers, DevOps/SRE teams, and security/compliance teams managing multi-cloud environments (AWS, Azure, GCP)

Industries served

Financial Services & Fintech (SoFi, Rise), Market Intelligence (AlphaSense), Networking Equipment (NETGEAR), Property Management (Innago), Insurance (Zinnia), Industrial (Sigdo Koppers), AdTech

Technology advantage

Novel approach to secondary storage with cloud-native deduplication, continuous incremental capture, immutable isolated vaults, open-format data (Parquet/Iceberg) for AI-readiness, self-improving agent engine, single read-only IAM role deployment

How they differentiate

Unlike legacy backup vendors (Rubrik, Cohesity, Veeam) that focus on hybrid on-prem/cloud or require appliances, Eon is cloud-native-first, deploys via a single read-only IAM role with no appliances, and uniquely unlocks backup data as an open-format data lake (Parquet/Iceberg) for AI/analytics — zero ETL required. Also introduces Cloud Backup Posture Management (CBPM) as a new category.

Main competitors

Rubrik, Cohesity, Druva, Veeam, Commvault, AWS Backup

Key partnerships

AWS (strategic partnership), Microsoft Azure / Microsoft Fabric & OneLake (strategic partnership), Google Cloud (strategic partnership), SentinelOne (technology partnership + S Ventures investment)

Notable customers

SoFi, NETGEAR, AlphaSense, Rise, Zinnia, Innago, Sigdo Koppers, StructuredWeb, HPE, Red Bull, Fanatics, Deluxe

Major milestones

Jan 2024: Founded, Oct 2024: Emerged from stealth with $127M and $750M valuation, Nov 2024: Raised $70M Series C at $1.4B valuation, Dec 2025: Raised $300M Series D at $4B valuation led by Elad Gil, Jul/Aug 2026: Recognized in Gartner Hype Cycle for Backup and Data Protection Technologies, 2026 (2nd consecutive year)

Growth metrics

Revenue more than tripled in past year (per SentinelOne S Ventures); reached $4B valuation in under 2 years; backup cost reduction of 30-50% for customers; 88% faster recovery for NETGEAR (10TB SQL Server); 90%+ acceleration in data preparation time for SoFi

Market positioning

Fastest-growing company in cloud infrastructure (reached $4B valuation in under 2 years); category creator of Cloud Backup Posture Management (CBPM); positioned as the essential data infrastructure layer for enterprise AI

Geographic focus

US (primary), Israel (R&D), global enterprise market

Patents and IP

Dozens of filed patents for cloud storage and data management technologies (per company announcements)

About Ofir Ehrlich

Co-founder of CloudEndure (acquired by AWS for ~$250M in 2019); led engineering teams at AWS building AWS Migration and Disaster Recovery services; co-founded AcceloWeb; started programming at age 9

Latest news about Eon

Eon raised $300M Series D at a $4B valuation to transform dormant cloud backups into AI-ready data lakes. Founded by the team behind AWS Disaster Recovery, their Cloud Backup Posture Management platfo

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Official website: https://www.eon.io