Eon is a cloud infrastructure company that converts static backups from AWS, Microsoft Azure, and Google Cloud into a single, browsable, searchable, and queryable data lake. Built by the team that created AWS Disaster Recovery and Migration services, the platform automates data ingestion, unifies multi-cloud stores, and provides self-service access through one pane of glass. Customers report cutting data-preparation workflows by over 90 % and reducing backup costs by 30 %–50 % while lowering compliance risk. Eon’s technology lets enterprises use historically untapped backup data for AI training, analytics, governance, and rapid recovery. With exploding demand, the company plans to accelerate R&D, expand global hiring, scale U.S. go-to-market efforts, and deepen integrations with AWS, Azure, and Google Cloud. Less than two years after launch, Eon has raised $500 million in total funding and is now valued at $4 billion.

Total raised

$497M

Funding rounds

5

Latest round

Series D

Latest activity

Dec 2025