Friday, 24 March, 2023

Island raises $115M as it reaches $1.3B in valuation

<p>Dallas-based startup, Island has announced a funding of $115M in their latest Series B financing round led by Insight Partners. CEO, Michael Fey said that the funding was a direct result of the customer demand. He added that they have been successful in securing business across various sectors and the demand highlights the need and scalability of their product in the market. Fresh funds will be used to scale and innovate their existing product to cater to more customers.<br /> &nbsp;</p>