Island Raises $250M Series E at $4.85B Valuation Led by Coatue

Deal Summary

Dallas-based enterprise browser startup Island raised $250M in a Series E round led by Coatue at a $4.85B valuation, bringing total funding to $730M. Other participants include Insight Partners, Sequoia and Canapi Ventures; Island serves 450 customers with secure, enterprise-focused browser products.