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Prysm Capital and Canapi Ventures led a $100m Series C round in Island.

Synopsis

Prysm Capital, a growth equity firm, and Canapi Ventures, a venture capital firm, led a $100m Series C round in Island, a cyber startup that provides a secure web browser for the enterprise, with participation from Insight Partners, Stripes Group, Sequoia Capital, Cyberstarts and Georgian. “We are honored that these amazing new investors, as well as our current investors, have the confidence to join and support us on the next phase of our company journey. This capital infusion will accelerate our ability to scale globally and continue to aggressively invest in R&D, customer success and geographic expansion to cover the major global buying centers. We are incredibly proud and humbled by our success to date, and look forward to driving growth together with our new partners,” Mike Fey, Island CEO and Co-founder.

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