Deals
Enterprise Browser Island Receives Capital at $3 Billion Value
- Sequoia and Coatue lead $175 million investment in Island
- Cisco-backed startup doubles in valuation since last year
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Island, a startup that makes secure internet browsers for businesses, has raised fresh capital at $3 billion valuation.
The $175 million funding was led by existing investor Sequoia Capital and new investor Coatue. It doubles the $1.5 billion valuation the company attained in a financing last year.