The Venture Codex Logo

The Venture Codex

Island

260 Regina Rd Unit 12, Saskatoon, Saskatchewan, Canada

Overview

Island builds online browsers designed for enterprises and positions them as more secure than traditional commercial search engines. Its product offers universal application access control, device visibility and management, and application automation. The browser is Chromium-based and is intended to look like a standard browser to employees while adding security controls. The company is Dallas-based and is nearly five years old. Island counts 450 customers, including Mattress Firm, Swiss Life and Fiverr. Financially, the company has raised $730 million to date and recently closed a $250 million Series E at a $4.85 billion valuation. Island builds a Chromium-based enterprise browser that embeds security controls so companies can replace or simplify tools like VPNs, DLP and MDM while keeping a familiar experience for employees. The company emphasizes a standards-based approach (Chromium) to avoid lengthy application testing and to enable broad compatibility. Founders Dan Amiga (technical, from Israel) and Mike Fey (senior security executive, U.S.) led product development; Island has about 280 employees, including roughly 100 engineers. Island reports roughly 200 customers and steady, exponential growth over the past couple of years. Management says the business is in “decent ARR” with meaningful ARR and good margins, though specific revenue figures were not disclosed. The team cites large cost-savings examples for customers (one cited $300 million a year) and expects to be a strong IPO candidate at some point, but not imminently. Island builds the Island Enterprise Browser, a Chromium-based browser that embeds enterprise security and productivity controls at the point where users interact with SaaS and internal web applications. Its product offers controls from basic exfiltration protections (copy, paste, download, upload, screenshot) to advanced capabilities like smart network routing, MFA insertion, web isolation, exploit prevention and Zero Trust network access. Island says it has sold over 2 million browsers to customers across all major verticals, including multiple customers in the top 20 of the Fortune 100. The company positions the Enterprise Browser as a lower-cost, better-performing alternative to VDI for hybrid workers while addressing BYOD, contractor access and data leakage risks. Island plans to use new capital to scale globally and to invest in R&D, customer success and geographic expansion. The company is based in Dallas with research and development in Tel Aviv and has raised over $325 million in outside investment to date. Island develops the Enterprise Browser, a Chromium-based browser that embeds enterprise security, control, and governance at the point where users interact with SaaS and internal web applications. The product gives security teams control over copy/paste, download/upload, screenshots, data redaction, watermarking, MFA insertion, safe browsing, web filtering, web isolation, exploit prevention, and Zero Trust network access. Island positions the browser as a lower-cost, native alternative to virtual desktop infrastructure (VDI) for hybrid workers while securing critical SaaS apps, contractor/BYOD access, and privileged accounts. The company recently extended its Series B with a $60M investment led by Georgian, which reaffirms a $1.3B valuation and adds to Island’s considerable cash reserves. Georgian will contribute deep data-science expertise to accelerate the security and productivity functionality of the Island Enterprise Browser. Island plans to leverage the funding to expand its leadership position and continue delivering value to customers; the company is based in Dallas with research and development in Tel Aviv. Island builds an enterprise-focused, security-first browser based on Chromium that restricts risky actions (copy/paste, screenshots) and provides secure access for contractors and BYOD workers. The product includes built-in capabilities such as web filtering, web isolation, exploit prevention, smart network routing and zero-trust access. Island launched publicly in February and says strong customer demand across sectors and organization sizes drove rapid uptake. The company emerged from stealth with $100 million in initial funding just weeks before this round. Island was founded in 2020 and is using fresh capital to scale the product and accelerate innovation to address more customer challenges. The recent financing positions Island to expand its commercial footprint in the enterprise security market.

Total raised
$800M
Funding rounds
6
Latest round
Series E
Latest activity
Mar 2025

Industries

  • Consulting
  • Product Design
  • Web Design
Visit website

Recent funding

  1. Series E

    Mar 2025

    $250M

  2. Series D

    Apr 2024

    $175M

  3. Series C

    Oct 2023

    $100M

  4. Series B

    Nov 2022

    $60M

  5. Series B

    Mar 2022

    $115M

Team

No current team members are available.