Enterprise security firm Island has raised $400 million in a new funding round, valuing the company at $6.4 billion. The round was led by Evolution Equity Partners.
Island has now raised more than $1 billion in total since its launch in 2020. The latest investment brings the company's valuation to $6.4 billion, according to SecurityWeek.
The funding is a significant boost for Island as it continues to grow in the enterprise security market.