Eon Raises $300M, Triples Valuation in Cloud Data Management
Update: 2025-12-02
Description
Eon, a cloud data management startup, secures $300M in funding, tripling its valuation to $4B. The companys software enables businesses to manage and backup data across multiple cloud platforms, with revenue surging over the past year. Following recent cloud incidents, Eons technology has gained significance, allowing companies to maintain data access during outages and unlock new value from backup data for AI and analytics applications.
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