Island Raises $100 Million at $1.5 Billion Valuation

Island is a cyber startup designed specifically for enterprise use. Island’s browser offers advanced features such as malware and phishing protection, as well as ad and tracker blocking. Island’s team consists of top cybersecurity experts who continuously monitor and update their systems to stay one step ahead of potential threats. 

Island has raised $100 million in a Series C financing round, which has brought the company’s valuation to $1.5 billion. The new round was led by Prysm Capital and joined by Canapi Ventures, as well as Island’s current funding partners Insight Partners, Stripes, Sequoia, Cyberstarts, and Georgian. In total, Island has raised over $325 million till that moment.

Island, Dallas, Texas, United States, was founded in 2020 by Dan Amiga and Michael Fey. “We are honored that these amazing new investors, as well as our current investors, have the confidence to join and support us on the next phase of our company journey,” said Mike Fey, Island CEO and Co-founder. “This capital infusion will accelerate our ability to scale globally and continue to aggressively invest in R&D, customer success and geographic expansion to cover the major global buying centers. We are incredibly proud and humbled by our success to date, and look forward to driving growth together with our new partners.”

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