Island Secures $175M in Growth Funding, Led by Coatue and Sequoia; Company Valuation Doubles to $3 Billion

DALLAS--(BUSINESS WIRE)--Island, the pioneer and category leader in enterprise browsers, today announced its $175 million Series D financing. The new funding round brings Island’s valuation to $3 billion, doubling the last valuation from less than a year ago. The round was led by new investor Coatue and existing investor Sequoia Capital, with additional funding from other existing investors. Island has raised $487 million in outside investment to date, including a strategic investment from Capi