Israeli startup company Island, known for its secure enterprise browser, has just 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. With this new funding, Island’s current valuation stands at $3 billion.
Since its founding in 2020, Island has raised a total of $487 million from investors. The company currently employs 250 people, with 150 based in Israel. It is projected that Island will end the year with revenue in the range of tens of millions of dollars.
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.