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Island lands $250M in funding at a $4.8B valuation


Island's enterprise browsers are meant to act like commercial browsers but come with more security and oversight.

Enterprise browser startup Island just raised a sizable funding round — one that bumps up its valuation significantly, and less than one year after its last fundraise. Dallas-based Island raised $250 million in a Series E round led by Coatue that valued the company at $4.85 billion, the startup announced today. At the time, Sequoia partner Doug Leone told TechCrunch that he was attracted to the company right off the bat due to Island’s team and unique value proposition.

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