Island has raised a total of $730 million in funding over multiple rounds, including a $115 million Series B on January 19, 2022, led by Insight Partners and Sequoia Capital, which valued the company at $1.3 billion and granted it unicorn status. Headquartered in Dallas, Texas, Island provides an enterprise browser designed for SaaS governance, visibility, and productivity control, enabling organizations to secure critical data and apps. As of July 2024, the company employs between 51 and 200 people and continues to scale rapidly within the cybersecurity and enterprise software markets.
Keep reading to explore Island’s funding journey, key investors, and what’s next for this cybersecurity innovator.
What Is Island and What Does It Do?
Founded in 2020, Island is the developer of the Enterprise Browser, a cutting-edge cybersecurity platform that transforms how organizations access and secure corporate applications. It enables companies to manage SaaS usage, enhance data protection, and boost productivity with comprehensive visibility into browser-level activities.
Island’s browser offers a customizable homepage tailored to users’ roles, departments, or work locations and integrates contextual search for internal tools. The platform features include automatic phishing protection, web filtering, exploit prevention, and customizable auditing, designed to meet the compliance and security needs of both BYOD (Bring Your Own Device) and remote workforce environments.
How Much Funding Has Island Raised?
- Series E
- Amount Raised: $250M
- Date: February 12, 2025
- Lead Investors: EDBI, Coatue
- Motivation: To expand R&D, enhance the Enterprise Browser’s AI capabilities, and strengthen global market presence.
- Series B
- Amount Raised: $115M
- Date: January 19, 2022
- Lead Investors: Insight Partners, Sequoia Capital
- Motivation: To accelerate product development, expand enterprise adoption, and build the foundational go-to-market infrastructure.
Total Funding Raised: $730M
Latest Funding Date: February 12, 2025
Current Valuation: $4.8B
Key Investors
- Insight Partners
- Details: Global venture capital and private equity firm investing in high-growth software companies; co-led Island’s Series B.
- Investment Focus Areas: SaaS, cybersecurity, and enterprise IT infrastructure.
- Sequoia Capital
- Details: Leading venture capital firm backing transformative technology companies; co-led Island’s early growth rounds.
- Investment Focus Areas: Enterprise software, AI, and security platforms.
- EDBI
- Details: Investment arm of Singapore’s Economic Development Board; participated in Island’s Series E.
- Investment Focus Areas: Deep tech, cybersecurity, and enterprise innovation.
- Coatue Management
- Details: Global investment firm focused on technology sectors across private and public markets.
- Investment Focus Areas: Cybersecurity, cloud computing, and infrastructure software.
Where Is Island’s Headquarters?
Island is headquartered in Dallas, Texas, United States, positioning it in one of the country’s most active technology corridors. The location allows Island to attract cybersecurity and enterprise software talent while maintaining proximity to global corporate clients across multiple industries.
What’s Next for Island?
With a valuation of $4.8 billion following its Series E funding, Island is focused on scaling its Enterprise Browser globally, expanding its AI-driven security features, and deepening integrations with major SaaS ecosystems. The company aims to become a default secure access layer for enterprise workflows, reshaping how businesses protect data in cloud and hybrid environments.
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