Browser and knowledge safety firm Island has introduced the completion of a $400 million Collection F financing spherical at an organization valuation of $6.4 billion. The corporate has greater than doubled its valuation of $3 billion when it raised cash in 2024, whereas final yr Island shareholders offered their stakes at a valuation of $5 billion.
The most recent financing spherical was led by Evolution Fairness Companions led the spherical, with participation from current buyers Prysm Capital, Sequoia Capital, Coatue Administration, Cyberstarts, Perception Companions, J.P. Morgan Progress Fairness Companions, Alta Park Capital, Georgian, G Squared, and Squarepoint, and Dmitri Alperovitch.
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Island mentioned that the funding can be used for its subsequent part of development and innovation as enterprises scale AI brokers. Island supplies enterprises with the lacking important layer of visibility, management, and auditing wanted to thrive within the AI age.
Island was based in 2020 by Dan Amiga, and CEO Mike Fey, former Symantec president and McAfee CTO.
Fey mentioned, “We’ve entered a brand new period during which folks and AI brokers work facet by facet. Identical to people, brokers want the best context, entry, guardrails, and accountability to succeed. Island created the primary Enterprise Browser to guard the first place folks work. From there, we expanded into knowledge safety and DLP, then constructed a next-generation SASE structure from the endpoint outward. These mixed capabilities give CIOs, CISOs, and enterprise unit house owners one safety, productiveness, and governance framework for all over the place human and agentic work happens. This funding offers us much more capability to innovate with our prospects and assist them safely scale AI.”
Island has 1,000 staff together with 400 in its Tel Aviv growth heart. The corporate has doubled its Israel workforce over the previous 18 months.
Island says it has doubled annual recurring income (ARR) each fiscal yr since its 2022 launch. The sustained development, the corporate says, displays rising enterprise demand to speed up AI adoption, redesign networks for finish customers, simplify safety infrastructure, and shield delicate knowledge with out including friction for customers.
Printed by Globes, Israel enterprise information – en.globes.co.il – on September 24, 2026.
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