Nearing $5B Valuation, Island Names Former project44 Exec as Its New CFO

Dallas-based Enterprise Browser company Island has appointed former project44 executive Tim MacCarrick as its chief financial officer

MacCarrick brings more than 25 years of financial and operational leadership across high-growth software and technology organizations, including both public companies and private equity-backed firms.

“Island is experiencing exceptional traction as organizations recognize the power of the Enterprise Browser,” Island CEO and co-founder Mike Fey said in a statement. “Tim’s financial expertise and operational mindset will be invaluable as we scale globally. His track record driving growth at technology companies across stages and structures makes him a strong fit for our next chapter.”

In March, Island announced details of its $250 million Series E financing round, which brought the company’s valuation to $4.8 billion.

MacCarrick has held CFO and chief operations officer (COO) roles at companies that serve a wide range of industries, including manufacturing, automotive, retail, healthcare, life sciences, and financial services, Island said. MacCarrick’s experience includes guiding global enterprise software companies through periods of rapid scale, international expansion, and capital market readiness. He joins Island from project44, and previously served in key leadership roles at OutSystems, Qlik, DLL, Crane Co., and Xerox.

As CFO, MacCarrick will lead Island’s global finance and legal operations and related strategy, supporting the company’s accelerating growth and expansion. With millions of users globally, Island has achieved widespread adoption among the world’s largest enterprises and a rapidly growing footprint across small and mid-sized businesses (SMBs).

‘Securing data and empowering users’

Island said its Enterprise Browser redefines how organizations secure, control, and enable work. It provides unparalleled security and visibility at the endpoint, while empowering users with seamless access to business-critical tools—including secure AI usage—aligned with enterprise policies. Island helps CIOs and CISOs reduce complexity and cost by modernizing their IT and security stacks, the company said.

“Island sits at the intersection of two major enterprise priorities: securing data and empowering users,” MacCarrick said in a statement. “What drew me to Island is its category-leading product-market fit and obsession with delivering exceptional customer value. I’m excited to add my experience to this talented team and help drive the company’s next phase of growth.”

Island said it makes work simple, natural, and highly productive and keeps data fundamentally secure. It said that by embedding the core IT, security, and productivity needs into the browser itself, Island provides organizations with unprecedented last-mile control, enabling them to precisely govern all browser activity.

The company said that IT teams log and audit work activity while keeping personal browsing private. Security teams protect sensitive data from even the most sophisticated attacks, with a secure-by-design architecture, Island said. Users gain productivity-enhancing features while working in the familiar chromium-based browser experience.