The Series F values Island at $6.4 billion. Evolution Equity Partners led the financing, which will support a broader push into enterprise security and AI governance.
Read the storyReports from CTech and Globes describe a 55% stake, with most of the money intended to finance growth at the communications company.
The security company plans to fund AI security development and expand its federal and international business.
The Israeli smart-glass company says the settlement includes a $7 million equity commitment and a six-year repayment plan.
Insight Partners led the Series C, which valued the AI platform company at $5 billion.
CTech and Globes reported the financing, with different accounts of whether it had already closed.
Apax Digital led the round for the company formerly known as ActiveFence.
The cyber insurer with staff in Israel would operate under Munich Re’s HSB business.
The funding supports a planned Phase III program for its investigational Parkinson’s treatment.
