Dallas-based Island emerges from Stealth with nearly $100 million in funding and more than 100 employees » Dallas Innovates
Island co-founders Mike Fey and Dan Amiga. [DI artwork; background istockphoto; photos: Island]
A new local startup seeks to become “where today’s hybrid workforce lives”, through massive investment.
Emerging from stealth today, Island, a Dallas-based enterprise browser platform company, announced it has secured nearly $100 million in funding from startup investors Insight Partners, Sequoia Capital, Cyberstarts and Stripes.
“For decades, organizations globally have used mainstream browsers in the enterprise computing environment,” Island co-founder and CEO Mike Fey said in a statement. “These organizations require strong control and governance, which consumer browsers were never designed for.”
Enterprise Browser in development since mid-2020
The company’s browser, called Enterprise Browser, has been in development since mid-2020, when Island was formed by Fey and CTO Dan Amiga, who held senior positions at tech companies Symantec and Fireglass, respectively. . Built on the open-source Chromium browser project, which supports other big names like Google Chrome and Microsoft Edge, the enterprise browser provides organizations with built-in cybersecurity measures, while being accessible on users’ own devices. users.
Island co-founders Mike Fey and Dan Amiga introduced the “first enterprise browser to radically improve enterprise security.” [Photo: MKJ Photography/Islands]
Already, Island says it has worked with “several” Fortune 500s, as well as other midsize companies. However, he declined to release the names.
“Island uniquely offers enhanced management, control, security and productivity features from the browser itself, while users get a familiar browsing experience,” Fey said. “We envision the enterprise browser fundamentally improving not only security, but the work of the enterprise itself.”
Plans to double its workforce in the coming months
Island has just over 100 employees, with its headquarters in DFW and research and development operations in Tel Aviv. With the new funding, Fey told TechCrunch the company is looking to grow “as fast as possible.” In addition to fueling its go-to-market strategy, Fey said the funding will help Island double its workforce in the coming months.
Fey also hinted that Island is already working on securing its next round of funding. “The browser is the desktop where today’s hybrid workforce lives,” Amiga said in a statement. “We designed the enterprise browser to be the platform for the future of their work. It starts with redefining the way an organization secures its work, but will have a positive impact on the endless needs in the field of information technology. »
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