Island Adds Prominent Cybersecurity Advisors and Investors
DALLAS & TEL AVIV, Israel–(BUSINESS WIRE)–Island, developer of the enterprise browser, announced that it has added a select group of investor advisors to its strong lineup of strategic partners, including Silicon Valley CISO Investments (SVCI); Joe Sexton, former president of AppDynamics; Mickey Boodaei, Co-Founder and CEO of Transmit Security and Rakesh Loonkar, Co-Founder and President of Transmit Security.
Co-founder and CEO Mike Fey and co-founder and CTO Dan Amiga launched Island Enterprise Browser to market earlier this month after operating quietly for 18 months and securing nearly $100 million in funding from prominent early-stage investors including Insight Partners, Sequoia Capital, Cyberstart and Stripes. As the first browser designed for the enterprise, Island Enterprise Browser offers advanced IT and security features, while delivering the streamlined Chromium-based experience that end users expect. With security built in by design, enterprises can control and govern critical applications and underlying data, without compromising privacy or performance.
“Our investors have proven to be one of our greatest assets, providing invaluable insights that have helped us transform the enterprise browser into the breakthrough innovation it is today,” said Mike Fey, co-founder and CEO of Island. “We are actively seeking funding partners willing to contribute more than just capital with their measured advice and shared interest in a new class of software. These investors are a natural fit for Island.
SVCI provides deep domain expertise
SVCI brings together over 60 active CISOs to provide personal investment and mentorship to cybersecurity companies spanning a variety of industries. Members are invitation-only and rigorously selected, and together they provide over 600 years of industry experience. The organization’s investment strategy is focused on mentoring, with services including one-on-one peer feedback, networking, group brainstorming and more. As one of 11 companies in SVCI’s expanding portfolio, Island will benefit from hands-on support and real-world insight from leading industry CISOs to continue its expansion.
“As a CISO-powered fund investment vehicle focused on early-stage cybersecurity innovation, we are able to leverage our first-hand experience to tap into the market in unprecedented ways.” , said Hilik Kotler, CISO at SoFi and member of SVCI. . “We know what will make things happen for CISOs because we face challenges every day. Our mission is to support promising start-ups to help foster the next generation of cybersecurity innovation, and our partnership with Island fully represents this mission. The enterprise browser is well on its way to completely redefining the way we work, and SVCI is thrilled to be a part of it.
“The unique challenges of protecting a hybrid workforce require us to rethink enterprise security architectures to address these dynamics,” said Dave Estlick, CISO of Chipotle, “The Island Enterprise Browser is revolutionary “, but also very simple. It efficiently secures the most critical resources, while ensuring that users have a completely familiar experience. We are very happy to be part of helping Island redefine the future of work.”
“Transformative technologies with the potential to reinvent an industry are rare,” said Steve Pugh, CISO of ICE (Intercontinental Exchange). team and a great ability to disrupt the market.
Joe Sexton: renowned expert in bringing cybersecurity to market
A mentor to countless IT sales professionals, Joe Sexton has led and created go-to-market strategies for organizations such as AppDynamics, McAfee and Mercury Interactive. Joe has also held countless board positions and is highly sought after for his experience and expertise in creating go-to-market excellence.
“As a long-time investor and leader in cybersecurity, I know that true success comes from great idea and world-class engineering, coupled with extremely strong go-to-market execution. . You can’t get there with just one of them,” said Sexton, a veteran cybersecurity executive and board member of some of the most innovative companies in security today. “Island has assembled an incredibly talented and experienced management team who can drive this amazing concept of the Enterprise Browser to fruition. I look forward to helping them on what already looks like an amazing journey.
Mickey Boodaei and Rakesh Loonkar: Cybersecurity Pioneers
Co-founders of Transmit Security, Mickey Boodaei and Rakesh Loonkar were founders and early investors in many of the most well-known cybersecurity companies.
“Security and user experience are two critical goals of any successful organization,” said Boodaei, CEO of Transmit Security and cybersecurity investor. “The Island Enterprise Browser combines these two often competing goals in such a simple and powerful way that I believe it will transform the way CISOs think about security and, eventually, the way CIOs think about productivity.” It’s a game-changing idea, and we’re really excited about the opportunity to invest. »
“In building Transmit Security, we focused on making something difficult and complex effortless. The Island Enterprise Browser has the same appeal because it simultaneously solves a multitude of very big problems for CISOs, while reducing friction for users,” said Rakesh Loonkar, president and co-founder of Transmit Security. “We invest in big ideas, early-stage innovators, and look forward to working with the island team to help drive additional growth.”
SVCI is an invitation-only community of 60 chief information security officers (CISOs) turned angel investors. With broad representation of industries, locations and over 600 years of cumulative cybersecurity expertise, the organization’s mission is to fuel the next generation of cybersecurity innovation by identifying promising start-ups, by investing in it and using its unrivaled industry expertise to help them thrive.
About the island
Island, the enterprise browser is the ideal corporate workplace, where work flows freely while remaining fundamentally secure. With core business needs naturally built into the browser itself, Island gives organizations complete last-mile control, visibility, and governance, while delivering the same smooth Chromium-based browser experience users enjoy. wait. Led by experienced leaders in enterprise security and navigation technology and backed by leading venture capital funds – Insight Partners, Sequoia Capital, Cyberstarts and Stripes – Island is redefining the future of work for some of the largest and most respected companies in the world. Island is based in Dallas with research and development in Tel Aviv and can be reached at [email protected] or (866) 832-7114.