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Israeli startup Island secures 250 million in series E funding round
Israeli cybersecurity startup Island has raised $250 million in its Series E funding round, boosting its valuation to $4.8 billion. The round was led by Coatue, with participation from existing investors like Sequoia Capital and Insight Partners. Founded by Mike Fey and Dan Amiga, Island has now secured over $730 million in total funding and employs over 450 people, with 200 based in Tel Aviv.
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