Dallas IT software startup Island reaches unicorn valuation with new $115 million investment

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Dallas IT software startup Island reaches unicorn valuation with new $115 million investment
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The startup emerged from stealth at the start of February. Its main product is an internet browser that it advertises as providing “unprecedented improvements” ...

The Dallas startup scene has minted yet another unicorn tech firm.

Island’s main product is its Enterprise Browser, an internet browser that the company advertises as providing “unprecedented improvements” in security and productivity. The browser is based on open source code from Google through one of the tech giant’s projects called. Chromium provides developers with the same infrastructure as the popular Chrome browser to build on so the experience can be customized but familiar to the end user.

The firm was co-founded by CEO Mike Fey and chief technology officer Dan Amica, who are veterans of Symantec, General Motors, McAfee and Fireglass. Fey and Amica rode under the radar for some time, emerging from stealth at the start of February to announce a $100 million funding round.

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