Insight Partners

Island Co-founder & CEO Mike Fey

Dallas-Based Island Extends Series B Funding With $60M Investment for Its Desktop Disruptor—a Browser Built for Enterprise

by | Nov 14, 2022
Island, a Dallas-based unicorn that emerged from stealth last February, was valued at $1.3 billion in March. It continues to attract big investments for its Enterprise Browser, which protects companies' SaaS tools and internal web apps from data leaks with a long list of security features. "Being able to further validate our valuation, even with the headwinds facing the broader market, is an honor,” Island CEO and co-founder Mike Fey said.
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Follow the Money: Dallas Unicorn Adds Cisco Investments as New Backer; Fort Worth Glove Maker Lands $58M for Facility, HQ Upgrades; and More
by | Jul 29, 2022
Plus: Southlake SPAC to take financial services firm public; real estate startup Nada Closes $8.1M seed round; Southlake PE firm is raising two biotech-focused funds; Jones family-backed investment firm acquires travel software company; and more North Texas deals.
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Follow the Money: Web3 Infrastructure Startup Raises $66M, Dallas SPAC Set to Take Bus Services Firm Public, Fort Worth VC Raises $4M for Third Fund, and More
by | Jun 3, 2022
Plus, stealthy Dallas startup LibLab raises $42M; Fort Worth biotech Sanara raises $15M; UPS Acquires Plano-based Delivery Solutions; Four Seasons in Las Colinas finds new owners; and more North Texas deals.
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Plano Startup Nears Unicorn Status as It Helps Others Build on Blockchains
by | Jun 2, 2022
Launched in Palo Alto in 2018, InfStones relocated its HQ to Plano last year. With a goal of bringing the “AWS experience to Web3,” it's landed a new $66 million funding round and says it's nearing unicorn status—a designation for startups valued at $1 billion. “Our vision is to provide a rugged, easy-to-use Web3 environment to build a more transparent, intelligent world,” CEO Zhenwu Shi says.
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Follow the Money: Netflix Acquires Local Video Game Developer, Dallas Startup Becomes Unicorn, Alkami Makes its Largest Acquisition, and More

by | Mar 28, 2022
What companies are finding funding or having a big exit? From startup investments to grants and acquisitions, Dallas Innovates tracks what’s happening in North Texas money.
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From left: Co-founder and CEO Mike Fey and co-founder and chief technology officer Dan Amiga. [Image: Islands]
Island Becomes Dallas’ Newest Unicorn Weeks After Emerging From Stealth
by | Mar 23, 2022
Island says it's creating the “desktop of the future" with its enterprise-focused browser built upon Chromium. Today it unveiled a $115 million Series B funding round led by Insight Partners, giving the startup a $1.3 billion valuation just weeks after it emerged from stealth.
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