Israeli startup company Island, which has developed a secure enterprise browser, has raised a Series D round of capital, raising $175 million from investors.
The round doubled the company’s market valuation from Series C, when Island raised $100 million based on a $1.5 billion valuation, and brings it to $3 billion.
In total, the company, founded in 2020, has already mobilized $487 million from investors.
The company has a staff of 250 people, of which 150 work in Israel. According to forecasts, the company should end the current year with revenue of several tens of millions of dollars.