Tech Company Financing Transactions
Island Funding Round
Island, based in Tel Aviv, secured $115 million in funding from Insight Venture Partners, Sequoia Capital and Stripes Group.
Transaction Overview
Company Name
Announced On
3/23/2022
Transaction Type
Venture Equity
Amount
$115,000,000
Round
Series B
Investors
Insight Venture Partners (Lead Investor) (Jeffrey Horing)
Sequoia Capital (Douglas Leone)
Proceeds Purpose
This level of funding allows us to scale and innovate to solve more customer challenges and puts us in the best position to lead the category.
Company Information
Company Status
Private & Independent
Industry
Security
Mailing Address
Undisclosed
Tel Aviv, Undisclosed
Israel
Tel Aviv, Undisclosed
Israel
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We watched the same narrative play itself out for decades. A better network solution here. A smarter data protection tool there. We were building solid, yet minor improvements. But what enterprise security needed was a major breakthrough.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Fey
Chief Marketing Officer
Ellen Roeckl
Chief Technical Officer
Daniel Amiga
VP - Bus. Development
Brian Kenyon
VP - Customer Service
Bradon Rogers
VP - Human Resources
Jennifer Park
VP - R & D
Daniel Kandel
VP - Sales
Eric Appel
Browse more venture capital transactions:
Prev: 3/23/2022: Yuga Labs venture capital transaction
Next: 3/23/2022: Kargo venture capital transaction
Share this article
About Database of VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs