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.
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This blog was created from Jeremy’s video overview of Eon, which you can watch above or continue reading the recap below. |
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.
Based on available information, Eon promises several compelling features:
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.
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.
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.