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David Schneider
Island Co-founders Dan Amiga (left) and Mike Fey [Photo: Island]
As Its Valuation Nears $5B, Dallas-Based Island Details Its $250M Series E Raise
by Lance Murray | Mar 26, 2025
Coatue Management led the new funding, with several existing Island investors also participating. Island has raised roughly $730 million in outside investment to date amid rapid adoption of its Enterprise Browser, which was launched in February 2022 when the company emerged from stealth.
![From left: Co-founder and CEO Mike Fey and co-founder and chief technology officer Dan Amiga. [Image: Islands]](https://s24806.pcdn.co/wp-content/uploads/2022/03/Islands-co-founders-Mike-Fey-Dan-Amiga-360x203.jpg)
by Lance Murray |
Apr 30, 2024
Island, a pioneering category leader in enterprise browsers, said its Series D round was led by new investor Coatue and existing investor Sequoia Capital, with additional funding from other existing investors. The round comes just six months after Island raised a $100 million Series C.
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![Plano-based inventor Swaminathan Balasubramanian has received a newly granted patent for an "Energy Efficient Legged Mobile Robot." The patent describes a robot with a non-inverted pendulum body and articulated leg system designed to move like a humanoid, carry heavy loads, and minimize joint strain using a self-compensating mass structure. [Source images: USPTO Patent #12263899, left to right: Fig. 1, Fig. 2, Fig. 4; DI Studio background]](https://s24806.pcdn.co/wp-content/uploads/2025/05/Patent-12263899-Utility-robot-patent-fig1-2-4.jpg)
