AI startup Island valued at $6.4 billion in latest funding round
“AI Artificial Intelligence” words, a keyboard and a robotics hand in this illustration taken, September 23, 2026. REUTERS/Dado Ruvic/Illustration
Read a summary of this article on FAST.
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
Sept 24 : AI startup Island said on Thursday it raised $400 million in a funding round that valued it at $6.4 billion.
The Series F funding round was led by Evolution Equity Partners, with participation from existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners and J.P. Morgan Growth Equity Partners.
The Dallas-based company, which develops enterprise security tools, said the funding will fuel the company’s next phase of growth and innovation as companies scale AI agents and modernize how work gets done.
Source: Reuters
Sign up for our newsletters
Get the CNA app
Stay updated with notifications for breaking news and our best stories
Get WhatsApp alerts
Join our channel for the top reads for the day on your preferred chat app
Get bite-sized news via a new
cards interface. Give it a try.
Click here to return to FAST
Tap here to return to FAST
FAST
