TechnologyBrowser security startup Island raises $400 million at a $6.4 billion valuation
CNBC reports that Evolution Equity Partners led the round. Island plans to invest in research and development and expand into Europe, Asia and the Middle East.
TLDR
Island announced the $400 million round on September 24, 2026, at a $6.4 billion valuation, CNBC reports. The Dallas-based startup makes an enterprise browser that lets businesses monitor and control employees’ browser activity. CNBC links the funding to growing demand for defenses against rogue AI agents. CEO and co-founder Mike Fey told the outlet that Island plans to increase its workforce from 1,000 to 1,500 employees by mid-2027.
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Browser security startup Island raises $400 million at a $6.4 billion valuation
CNBC reports that Evolution Equity Partners led the round. Island plans to invest in research and development and expand into Europe, Asia and the Middle East.
TLDR
Island announced the $400 million round on September 24, 2026, at a $6.4 billion valuation, CNBC reports. The Dallas-based startup makes an enterprise browser that lets businesses monitor and control employees’ browser activity. CNBC links the funding to growing demand for defenses against rogue AI agents. CEO and co-founder Mike Fey told the outlet that Island plans to increase its workforce from 1,000 to 1,500 employees by mid-2027.