Greenoaks Capital led a $77m Series B round in Eon.

Greenoaks Capital, an investment company, led a $77m Series B round in Eon, a cloud backup posture management solutions provider, with participation from Quiet Ventures. "Storage and backup are among the largest parts of the IT budget. Yet customers are stuck with frustrating, outdated options, leaving them with poorly optimized costs; incomplete data inventories; and shallow classification. Eon has the team, the expertise, and the ambition to develop an entirely new product that we believe will become the cognitive referent for cloud-native backup. We are proud to partner with Ofir and his team early in their journey, as they break the trade-off between price, performance, and transparency," Patrick Backhouse, Greenoaks Partner.