Island Technology vs Figma
Side-by-side comparison of AI visibility scores, market position, and capabilities
Dallas TX enterprise browser platform; raised $490M+; secure Chromium-based browser giving IT full control over web application access and data flows.
About
Island Technology is an enterprise browser company founded in 2020 and headquartered in Dallas, Texas. The company was founded by Michael Fey and Dan Amiga to reimagine how enterprises secure access to web applications by moving security controls into the browser itself rather than relying on network perimeters that have become irrelevant in a cloud and remote-work era. Island built an enterprise browser based on the Chromium engine that is functionally identical to Google Chrome for end users but gives IT and security teams complete control over what data can be accessed, copied, printed, screenshotted, or uploaded within each web application.\n\nIsland raised $490 million across multiple funding rounds including a $250 million Series D, valuing the company above $3 billion. The platform addresses use cases across contractor and third-party access, BYOD environments where employees use personal devices to access corporate applications, and zero-trust access control for web-based SaaS applications. Because the enterprise browser sits directly in the data path between the user and every web application, it can enforce granular policies — for example, preventing a contractor from copying data from Salesforce while still allowing them to read it — without requiring VPNs, virtual desktops, or complex network configurations.\n\nIsland's browser also provides deep telemetry on user activity within web applications, enabling security teams to detect risky behavior, investigate incidents, and conduct phishing-resistant authentication. It integrates with major identity providers for SSO, with DLP platforms for data classification, and with SIEM tools for activity logging. The company has attracted customers in financial services, healthcare, legal, and technology sectors where sensitive data access by third parties and remote workers is a significant security challenge.
Dominant browser-based collaborative UI design platform at ~$600M ARR and $12.5B valuation; Adobe's $20B acquisition blocked by regulators in 2023, Figma remains independent competing with Sketch and Adobe.
About
Figma is a San Francisco-based collaborative web-based product design platform that has become the dominant tool for UI/UX designers and product teams — enabling real-time multi-user collaboration on interface design, prototyping, and design system management directly in the browser without installing desktop software. Founded in 2012 by Dylan Field and Evan Wallace and backed by Sequoia, Greylock, and Andreessen Horowitz with over $330 million raised, Figma generated approximately $600 million in ARR in 2023, serving 4 million+ designers and product teams at companies including Microsoft, Airbnb, Twitter, and Uber. Adobe announced a $20 billion acquisition offer in 2022, which was blocked by regulators in 2023 — Figma remains independent.
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