Wiz has been making waves in the cloud security market, and for good reason. Wiz has not only...
Eon: The $750M Cloud Backup Startup That's Caught My Attention
From an impressive stealth exit to a founding team with proven success, Eon has made quite an entrance into the cloud backup space. While details are still emerging, this new player in cloud backup posture management warrants attention – and here's why.
This blog was created from Jeremy’s video overview of Eon, which you can watch above or continue reading the recap below. |
The Numbers Tell a Story
Eon burst onto the scene with a remarkable $127 million capital raise and a reported $750 million valuation. But it's not just the numbers that make this interesting. The founding team includes several CloudEndure veterans, the same minds behind what I consider was the best multi-cloud migration platform before AWS acquired it five years ago.
What Sets Eon Apart?
Based on available information, Eon promises several compelling features:
- Automatic resource classification without tagging requirements
- File-level search and SQL query capabilities
- No appliances, agents, or network configuration needed
- Global search with live backup access
- Granular file restoration from a central dashboard
The approach reminds me somewhat of Actifio (now part of Google), particularly in how it handles data virtualisation and accessibility. However, Eon appears to be carving its own path in cloud backup posture management – borrowing language we typically see in the security market.
Market Strategy
Eon's presence on the AWS Marketplace signals a modern go-to-market strategy, following the successful playbook of companies that have scaled rapidly through cloud marketplaces.
Final Thoughts
While Eon's full capabilities are yet to be demonstrated (I'm still waiting on that demo access), their approach to cloud backup posture management could address several compromises we currently face with existing platforms. This is definitely a space worth watching.