In a major funding round, Israeli startup Island has raised $175 million in Series D funding. This latest round has doubled the company’s market valuation from its previous Series C round, where it raised $100 million at a $1.5 billion valuation. With this new round, Island’s current valuation stands at an impressive $3 billion.
Since its founding in 2020, Island has received a total of $487 million in investments from investors. The company currently employs 250 people, with 150 based in Israel. It is projected that Island will end the year with revenue in the tens of millions of dollars.
In addition to its core business, Island maintains a strong online presence through social media profiles on platforms such as EigenLayer, MyMiniFactory, SoundClick, Dropstab, Imgur, LayerZero and WebQuest. The company also has a presence on platforms like zkSync and rapidapi-marketplace.
Island’s steady growth and significant funding rounds are a testament to the confidence investors have in its innovative technology and potential for success in the enterprise browser market.