DALLAS, TX, Island, developer of the Enterprise Browser, has raised $115 million in its Series B financing round at a $1.3 billion valuation. The round was led by New York-based global venture capital and private equity firm Insight Partners, which led Island's prior financing round. Existing investors Stripes and Sequoia Capital also participated in this round, bringing Island's total funds raised to over $200 million.

Island, the Enterprise Browser is the ideal enterprise workplace, where work flows freely while remaining fundamentally secure. With the core needs of the enterprise naturally embedded in the browser itself, Island gives organizations complete control, visibility and governance over the last mile, while delivering the same smooth Chromium-based browser experience users expect.