Israeli startup company Island, renowned for its secure enterprise browser, has recently raised $175 million in a Series D funding round. This latest round has doubled the company’s market valuation from its previous Series C round, where it raised $100 million at a $1.5 billion valuation, bringing its current valuation to $3 billion. Since its founding in 2020, Island has raised a total of $487 million from investors.
Island currently employs 250 people, with 150 based in Israel. The company is projected to end the year with revenue in the range of tens of millions of dollars. In addition to its core business, Island’s online presence includes social media profiles on platforms like EigenLayer, MyMiniFactory, SoundClick, Dropstab, Imgur, LayerZero, and WebQuest. The company also has a presence on platforms like zkSync and rapidapi-marketplace.
Island’s steady growth and significant funding rounds reflect the confidence investors have in its innovative technology and potential for success in the enterprise browser market. With its secure browsing capabilities and cutting-edge technology, Island is well-positioned to continue growing and expanding in the years to come.