Israeli startup Island, known for its secure enterprise browser, has recently completed a Series D funding round, raising $175 million from investors. 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. It is projected that the company will 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.
The steady growth and significant funding rounds reflect the confidence investors have in Island’s innovative technology and potential for success in the enterprise browser market. With its secure and user-friendly browsing experience, Island is well-positioned to capture a significant share of this growing market.