Island raises $400 million at $6.4 billion valuation
Security startup Island just raised $400 million, pushing its valuation to $6.4 billion. The Dallas-based company says its browser security tools are attracting big customers like Pfizer and American Airlines as businesses scramble to block attacks from rogue AI systems. Island plans to grow its workforce by half and expand into Europe, Asia, and the Middle East.
- $400 million funding round led by Evolution Equity Partners
- Plans to hire 500 more employees by mid-next year
- Browsers increasingly targeted by hackers using AI
- Customers include Chipotle, Pfizer, American Airlines
- Growing competition from legacy players and startups
Sources covering this
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