Data backup startup Eon raises $300 in Series D funding, raising the company’s total financing to $500 million and boosting its valuation to $4 billion.

Eon, the first to unlock cloud data backups for enterprise AI, today announced that it has raised a $300 million Series D funding round led by Elad Gil of Gil Capital. The round brings Eon’s total funding to $500 million since its founding less than two years ago,

Google is hosting a version of its Cloud Next conference in Tokyo this week, and it’s putting the focus squarely on tweaking its databases for AI workloads (because at this point in 2024, AI is the only thing these major tech companies want to talk about).

In the era where enterprises are lifting critical workloads to the cloud with extreme scalability, issues of data privacy have taken centre stage with respect t

Strengthening cloud reliability and improving disaster recovery planning has become essential as businesses rely more heavily on mission-critical digital operations.

Agentic data trust company Ataccama Corp. said today it has closed on a strategic investment of an undisclosed amount from Snowflake Ventures. The data company said it would help deepen its interaction with Snowflake Inc.’s AI Data Cloud platform and deliver more trusted and explainable data for enterprise’s artificial intelligence projects.

Cloud data-management startup Eon said it has raised $300 million in a new funding round led by Gil Capital and that its valuation has almost tripled to $4 billion. Eon builds software that sits on top of public cloud platforms.

The fundamental principle of cloud systems is a focus on multiple, disposable, and replaceable machines. This has direct consequences for the implementation techniques, and therefore the capabilities of database systems implemented in the cloud ...

It would seem that the adoption of cloud databases – those delivered via a cloud consumption model – is ramping up. According to Gartner, the transition of DBMS software purchasing – moving from legacy, centralised IT groups to decentralised lines of ...