Reported 4 days ago
Island, an enterprise browser and cybersecurity startup, has reached a valuation of $4.8 billion following a $250 million Series E funding round led by Coatue Management. This marks a 60% increase in valuation within less than a year, driven by heightened demand for security solutions as businesses respond to rising cyber threats. Founded in 2022, Island offers a security-focused browser that consolidates applications, attracting significant investments from major players in the cybersecurity sector.
Source: YAHOO