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.