Island raises $100 million, boosts valuation to $1.5 billion

Island has raised $100 million in its Series C financing round, which values Island at $1.5 billion. The round was led by Prysm Capital and joined by Canapi Ventures, as well as Island’s current funding partners Insight Partners, Stripes, Sequoia, Cyberstarts and Georgian. This latest funding round brings Island’s total outside investment to over $325 million. This financing comes as Island is experiencing high growth, having clearly demonstrated extraordinary product-market fit and the go-to-market expertise … More →

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