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Venture Capital News: Island Extends Its Series B Financing Round

2022-11-10
DALLAS, TX, Island, the leader and pioneer in the Enterprise Browser market, today announced an extension of its Series B with a $60 million investment led by Georgian.
This investment will further fuel Island's mission to reshape the future of work by redefining the role of the browser for the enterprise.

Georgian's investment extends Island's previously announced Series B financing round, led by existing investor Insight Partners, with participation from Stripes and Sequoia, as well as strategic investor Cisco Investments. It reaffirms Island's valuation of $1.3B and adds to Island's already considerable cash reserves.

Island is the developer of the Enterprise Browser - the ideal enterprise workplace, where work flows freely while remaining fundamentally secure. With the core needs of the enterprise naturally embedded in the browser itself, Island gives organizations complete control, visibility, and governance over the last mile, while delivering the same smooth Chromium-based browser experience users expect.
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