Island Announces $400 Million Series F, Bringing Valuation to $6.4 Billion
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DALLAS, Sept. 24, 2026 (GLOBE NEWSWIRE) -- 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. The funding will fuel the company's next phase of growth and innovation as enterprises scale AI agents and modernize how work gets done. Island gives organizations the missing essential layer of visibility, control, and auditing they need to thrive in the AI age. "Enterprises are rethinking the basic architecture of work. Island meets the moment with a unique advantage: it can see and govern what people and agents are doing as they interact with applications and data, wherever that happens," said Richard Seewald, Founder and Managing Partner at Evolution Equity Partners. "Island has already shown it can create a category, displace legacy technologies, and accelerate customers' business transformation from the browser to the network. By extending its vision to safeguard browsers, endpoints, networks, and data, Island built the essential control layer for the next generation of enterprise computing." Existing investors Prysm Capital, Sequoia Capital, Coatue Management, Cyberstarts, Insight Partners, J.P. Morgan Growth Equity Partners, Alta Park Capital...
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