Fundraising Fox

Island

Unicorn · $4.8B

Dallas, US · Founded 2020 · 1,331 employees on LinkedIn · 13 known investors

Island provides a bring-your-own-device (BYOD) management platform for enterprises, enabling employees to securely use personal devices for work across all industries.

Also known as Island Enterprise Browser · Island Technology, Inc.

Founders & leadership

Island was founded in 2020 by Michael Fey.

MFMichael Fey
Michael FeyinCo-Founder & CEOAngel

Investors · 13

Also in the syndicate · 2

Capital One VenturesCisco Investments

Valuation · disclosed

Disclosed events
$4.8Bvaluation at Series EMar 2025
filing ↗
$3Bvaluation at Series DApr 2024
filing ↗

Source: SEC prospectus filings, and round valuations the company or its investors disclosed — follow each entry's link for the claim.

Company profile

researched Aug 2026

Island is an enterprise software and cybersecurity company that created the Island Enterprise Browser, a Chromium-based browser in which IT, security, data protection, and productivity capabilities are embedded in the browser itself rather than added through separate tools. Capabilities described by the company include conditional application access controls that evaluate identity, device, network, location and application; device posture assessment extending to non-browser tools such as Zoom, Slack, Teams and WhatsApp; no-code automation of web applications without proprietary APIs; and zero trust network access to private applications without separate agents. Security functions cover protection against malware, phishing, session hijacking, man-in-the-browser and other browser exploits, context-based data-leakage policies, and last-mile controls over printing, downloads, screenshots and copy/paste. Island also provides high-fidelity logging of work activity with a privacy indicator and SIEM integration, privileged access session capture, an integrated password manager using a zero-knowledge architecture, browser UI customization, and a digital employee experience (DEX) analytics module.

Beyond the browser, Island markets an Enterprise AI offering intended to make existing AI tools deployable under enterprise control, an Enterprise Network product it describes as SASE reimagined for the AI era using a "Perfect Packet" architecture, and Enterprise Vibe Publishing for deployment of vibe-coded work. The product is delivered as a full browser (Windows, macOS, Linux, ChromeOS, IGEL OS), mobile apps (iOS, iPadOS, Android), and as a browser extension for Chrome, Edge, Safari, Firefox and other Chromium-based browsers including ChatGPT Atlas and Perplexity Comet, so users need not switch browsers. The company states the platform is designed for GDPR and HIPAA compliance, encrypts data in transit and at rest with TLS, offers audit logs and granular administrator privacy controls, and does not sell or share customer data.

Common deployment scenarios promoted by the company include securing SaaS and internal web applications, enabling BYOD workforces, onboarding third-party contractors, supporting M&A onboarding, reducing or replacing virtual desktop infrastructure, privileged user access, zero trust architecture, safe browsing, and governed use of AI at work.

Founding story

Co-founders Mike Fey, a senior US security executive, and Dan Amiga, a technical founder from Israel, set out in 2020 on the premise that a Chromium-based browser that looked and felt like a standard consumer browser to corporate employees, but was secure by design, could block a wide range of attacks and replace bolted-on enterprise security layers. The company spent about two years developing the technology before launching in February 2022.

Business model

Island sells its enterprise browser and related platform products to organizations, with go-to-market through direct sales (demo and quote requests) and a partner program with a partner portal. The company reports annual recurring revenue, indicating subscription-based licensing.

Subscription/recurring licensing of the Enterprise Browser and related products to enterprises; the company reports annual recurring revenue more than doubling each year after emerging from stealth.

Traction

As of the March 2025 Series E announcement, Island reported 450 customers, approximately 500 employees (more than 200 in product development and engineering), and annual recurring revenue more than doubling each year since emerging from stealth in February 2022. Its Android Enterprise Browser app lists more than 50,000 downloads. A Forrester Total Economic Impact study commissioned around the product cites a 344% return on investment.

Latest developments

In March 2025 Island announced a $250 million Series E led by Coatue Management at a valuation of about $4.8-4.85 billion, bringing total outside investment to roughly $730 million. The company has since expanded beyond the browser with Enterprise AI, an Enterprise Network/SASE offering built on a "Perfect Packet" architecture, and Enterprise Vibe Publishing for securing vibe coding, and publicized an integration with AWS Security Hub.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Island describes itself as the pioneer and category leader in enterprise browsers, a category Gartner has projected will become the core platform for delivering workforce productivity and security software on managed and unmanaged devices by 2030. The company was named a Leader and Outperformer in the GigaOm Radar for Secure Enterprise Browsing and cites recognitions including CNBC Disruptor 50 (2026), Fast Company Next Big Things in Tech (2025), Forbes Cloud 100 (2024-2025), Fortune Cyber60 (2023-2025), and a 2025 TechForward Award for Zero Trust Architecture.

Island argues that consumer browsers require bolted-on layers to meet business requirements, increasing complexity and cost, whereas embedding IT, security and data controls directly in the browser consolidates the technology stack, lowers spend, and enables use cases such as BYOD, contractor onboarding and VDI reduction while preserving a familiar Chromium user experience. Availability as both a full browser and a feature-rich extension lets organizations adopt it without forcing a browser switch.

Technology

The core product is a Chromium-based browser with enterprise IT, security and productivity controls built into the browser engine, giving what the company calls last-mile control over browser activity — including copy, paste, upload, download, print and screenshot restrictions, data redaction, watermarking and inserted multi-factor authentication. Additional technology includes browser-native conditional access and device posture checks, zero trust network access without separate agents, application automation without source-code changes or APIs, behavioral analytics with SIEM export, a zero-knowledge password manager, an AI assistant for writing, research and summarization, ad/tracker blocking, geolocation anonymization, and a DEX analytics layer. Adjacent products include Enterprise AI, an Enterprise Network/SASE offering based on a "Perfect Packet" architecture, and Enterprise Vibe Publishing.

Go-to-market

Direct enterprise sales supported by demo and quote requests, customer case studies, analyst material (Forrester Total Economic Impact, GigaOm Radar, Gartner category research), and content such as an AI playbook for security teams; a channel partner program with a partner portal supplements direct sales. Customers were engaged as design partners during early development.

Enterprises of all sizes across verticals including defense, financial services, government, higher education, hospitality, manufacturing, retail, healthcare, and business process outsourcing — from Fortune 1000 and Fortune 100 enterprises to small and midmarket companies, government agencies and universities. Named customers and reference organizations include Pfizer, Hendrick Motorsports, Mattress Firm, TaskUs, Brightline, Swiss Life and Fiverr. Buyers are typically CIOs, CISOs and IT/security teams.

Geography

Headquartered in Dallas, Texas, with research and development led from Tel Aviv, Israel. A corporate address is listed in Coppell, Texas. Customers span multiple regions, including European enterprises such as Swiss Life.

History

Island was founded in 2020 by CEO Mike Fey, a US-based senior security executive, and CTO Dan Amiga, a technical founder based in Israel. After roughly two years of technology development in stealth, the company launched its product and emerged from stealth in February 2022, pioneering what it calls the enterprise browser category. It raised a $175 million Series D in April 2024 at a $3 billion valuation, followed by a $250 million Series E in March 2025 at a valuation of approximately $4.8-4.85 billion, bringing total outside investment to roughly $730 million. By the Series E it reported about 500 employees, more than 200 of them in product development and engineering, and 450 customers.

Risks & controversies

The Google Play listing for the Island Enterprise Browser states the app may collect and share data types including location and personal information and that data cannot be deleted, while the company states it collects only data necessary for operation, management and security and provides administrator privacy controls.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Android app downloadsAug 202650,000 downloads (50K+)
CustomersMar 2025450
EmployeesMar 2025500
Product development and engineering employeesMar 2025200 employees (more than)
Return on investment (Forrester Total Economic Impact)Jan 2026344%
Total funding raised to dateMar 2025$730M
ValuationMar 2025$4.8B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

2 people who came through Island went on to found or lead other companies.

Competitors · 5

by search overlap
Secureframe198 shared keywordsSecureframe provides a compliance automation platform that helps enterprises maintain security and compliance posture with common controls mapping across multiple frameworks. The platform uses AI and automation to reduce manual compliance work for organizations managing standards like SOC 2, ISO 27001, and HIPAA.
Ninjaone193 shared keywordsNinjaOne provides a SaaS platform that unifies endpoint management, IT automation, and security for IT teams. The product centralizes patching, monitoring, and management across large fleets of endpoints.
Upguard193 shared keywordsUpGuard provides a platform for managing cybersecurity risk, including third-party vendor and supply chain risk assessment. It is aimed at organizations seeking to evaluate and monitor the security posture of their vendors.
Netezza189 shared keywordsIBM is a global technology company whose business spans enterprise software (including Red Hat, HashiCorp, and Confluent), IT infrastructure such as mainframes, servers, and storage, and IT consulting services. The company is also investing heavily in quantum computing and AI-based enterprise offerings, including its Lightwell open-source software security clearinghouse and the Anderon quantum wafer foundry.
Hyperproof173 shared keywordsHyperproof is a governance, risk, and compliance (GRC) platform that automates compliance management and audit workflows for organizations. It serves companies seeking to streamline GRC operations and demonstrate compliance to stakeholders.

Companies competing with Island for the same Google search keywords, organic and paid, via search-intersection analysis.

Timeline · 9

launches, deals, and filings
Jan 2026
Named to CNBC Disruptor 50 (2026)

source ↗

Jan 2026
Integration with AWS Security Hub

Island published material on enabling AI and secure browsing with Island and AWS Security Hub.

source ↗

Jan 2026
Enterprise Vibe Publishing announced

Island announced Enterprise Vibe Publishing, a capability for securing vibe coding and deploying collaborative work by people and agents.

source ↗

Mar 2025
Island raises $250 million Series E at ~$4.8 billion valuation

Coatue Management led the round with participation from several existing investors, bringing total outside investment to approximately $730 million.

$250M source ↗

Jan 2025
Included in Forbes Cloud 100 (2024-2025) and Fortune Cyber60 (2023-2025)

source ↗

Jan 2025
Named to Fast Company Next Big Things in Tech 2025

source ↗

Jan 2025
TechForward Awards 2025 winner for Zero Trust Architecture

source ↗

Apr 2024
Island announces $175 million Series D at $3 billion valuation

Round led by new investor Coatue and existing investor Sequoia Capital, with other existing investors participating; total outside investment reached $487 million.

$175M source ↗

Feb 2022
Island emerges from stealth and launches the Enterprise Browser

After roughly two years of technology development, Island exited stealth mode and launched its enterprise browser product, establishing the enterprise browser category.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Island do?
Island builds a Chromium-based enterprise browser with security, IT controls, and AI productivity features embedded natively.
Who founded Island?
Island was founded by Michael Fey in 2020.
Who are Island's investors?
Island's investors include Canapi Ventures, Coatue Management, Evolution Equity Partners, G Squared, Geodesic Capital, Insight Partners, NewView Capital, Prysm Capital and 3 more.
Where is Island headquartered?
Island is headquartered in Dallas, US.