Israeli cybersecurity company Island has announced plans to open a second research and development center in Israel, following a significant fundraising round that valued the company at around five billion dollars. The new facility will be located in the BIG Glilot tech complex near Tel Aviv and is expected to open in November 2025, complementing Island's existing headquarters in central Tel Aviv. The company, founded in 2019, has raised over seven hundred million dollars and is recognized for pioneering enterprise-grade browsing solutions used by hundreds of organizations worldwide. Island is actively recruiting for a range of technical roles as it expands its development of advanced cybersecurity and artificial intelligence products.