Israeli Startup Island Secures $175 Million in Series D Funding, Increasing Market Valuation to $3 Billion
Israeli startup company Island, renowned for its cutting-edge secure enterprise browser, has just completed a Series D funding round, raising an impressive $175 million from investors. This latest round has more than 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 worth to a staggering $3 billion. Since its inception in 2020, Island has accumulated a total of $487 million in funding from investors.
Currently employing 250 individuals, with 150 based in Israel, the company is on track to end the year with revenue in the tens of millions of dollars. In addition to its core business, Island boasts an online presence through social media profiles on various platforms such as 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 are clear indications of the investor confidence in its groundbreaking technology and potential for success in the enterprise browser market.
