Island, the agentic control plane for enterprises, announced its $400 million Series F financing round which brings the company's valuation to $6.4 billion, more than doubling since 2024. Evolution Equity Partners led the round, with participation from existing and new investors.

Existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, J.P. Morgan Growth Equity Partners, Alta Park Capital, Georgian, G Squared, and Squarepoint participated in the round, alongside another personal investment from cybersecurity entrepreneur Dmitri Alperovitch.