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Image Credit: Siliconangle

Secure enterprise browser Island raises $250M at nearly $5B valuation

  • Island Technology Inc. has raised $250 million in a late-stage financing round led by Coatue Management, bringing its valuation to $4.8 billion.
  • The startup offers a secure enterprise browser with built-in security capabilities, giving IT administrators and security teams control over browsing activity.
  • Island's Enterprise Browser supports various security tools, such as safe browsing, web filtering, exploit prevention, and zero-trust access.
  • The company has over 450 customers across different industries, including Fortune 1000 companies, government agencies, and educational institutions.

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