Island raises an additional $60 million for its secure enterprise browser


Dallas-based startup Islandthe developer of the security-focused solution”Enterprise Browserannounced today an additional $60 million investment led by Georgian to further its ongoing mission to meet the security needs of enterprise users.

Georgian investment expands company previously announced Series B funding round in March that raised $115 million led by Insight Partners, bringing the company’s valuation to $1.3 billion.

The company produces a browser product called Enterprise Browser that embeds security patterns and requirements into the browsing experience itself. This allows users to have a familiar interface and experience while giving IT teams centralized security control. By embedding security and tools into the browser itself, IT teams get last-mile security built right in and can control everything about the user experience so users can go about their day-to-day business.

Since the browser is a central piece of software that dominates the workplace and connects to the internet as a whole, it is also where most networked applications live. This also means that most security vulnerabilities occur there as well. Users access their browsers to get their email, social media, calendar, updates, and everything else throughout the day.

This includes employees who are on corporate campuses and employees who are networked remotely. As a result, a company’s entire infrastructure could be at the mercy of whatever happens in an employee’s browser if a single web page, extension, or web application has a bug, vulnerability, or exploit.

“Companies continue to struggle with ‘bring your own device’ as the norm, which creates risk,” Mike Fey, CEO and co-founder of Island, told SiliconANGLE. “To manage the risk, companies are implementing complex, expensive and poorly performing security controls, such as virtual desktop infrastructure and virtual private networks, and even shipping laptops to contractors to try to mitigate. this growing risk.”

All of this, he explained, adds cost, complexity and delays, and it gets in the way of doing business. That’s why IT and security teams need something that doesn’t get in their way and puts them in control of every aspect.

“Island is helping many of our customers overcome this major business challenge with simplicity, lower costs, and a great user experience with the enterprise browser,” Fey said. “Entrepreneurs can simply install a browser on any device, authenticate, and get instant access to the apps and resources they need, and nothing else.”

The Enterprise Browser does this with support for built-in Safe Browsing, Web Filtering, Web Isolation, Exploit Prevention, Intelligent Network Routing, and Zero-Trust Access. It can also protect proprietary information by providing a dashboard for IT to control last-mile options such as blocking copy-paste, uploading, downloading, screenshots, and other activities that may be harmful. expose critical data.

Since launching the company earlier this year, Island has continued to expand its platform with hundreds of new features. They include support for iOS, iPadOS, and Android, as well as full operating system support including Windows, macOS, Chromebook, and Linux.

In addition to this funding, Georgian will bring its own artificial intelligence expertise to Island to accelerate the development of security and productivity products for Island Enterprise Browser.

Image: island

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