Island secures $175M in funding to prioritize browser-based security measures for enterprise clients.

Quick Summary:

That’s a ton of money, and it makes us wonder: What is the company doing to warrant this kind of investment at this level of value?

Fey acknowledges that if he showed up at a company with a proprietary browser, and they have 20,000 apps — which would be possible in a Fortune 100 company — then they would have to test all those apps against that browser.

Consider that he says one company saved $300 million a year shutting down racks in a data center because they didn’t require nearly the same level of resources anymore to run the same applications.

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Article Details

Author / Journalist: Ron Miller

Category: Technology

Markets: United StatesIsrael

Topics: Security Enterprise Sequoia Browsers Island Fundraising

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-04-30 @ 19:52:53 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 683 words

Reading Time: 4 minutes read

Sentences: 21 lines

Sentence Length: 33 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TechCrunch

News ID: 20841640

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