Prysm Capital

🚀 Exciting News: Kauffman Fellows welcomes Class 29 to the largest global network of VCs! 🌎 Class 29 highlights: - $80B combined AUM - 15 countries represented - 72% hold partner-level or higher positions - 86% are direct venture capital investors - 43% are founders of their firms - 50% are from emerging firms (Funds I-III); 50% are from established firms (Funds IV+) - Median AUM ranges from $51M for Fund I to $1.3B for Funds IV+ Each year, we select the most talented, diverse, and purpose-driven venture capital professionals rising in their careers to join our Fellowship. This year was extremely competitive – from over 2,000 inquiries and 1,100 applications, we selected the 59 members of Class 29 based on their experience, contributions, and potential to lead the future of the venture capital industry. Class 29 will benefit from joining a network of 882 Fellows from 58 countries, offering ongoing education, co-investment opportunities, special interest groups, and regional and global events. Welcome, KF29! #VentureCapital #Leadership #KauffmanFellows https://lnkd.in/g8AJbBUS

🧧🏮🎊🐉Happy Lunar New Year! There's no better way to celebrate the Year of the Dragon than with our Asian American and Pacific Islander community in the Bay Area and NYC. Thank you to Andy Lin of the New Asia Chamber Music Society and Wei Sun of the Chinese Music Ensemble of New York for treating us to a special performance in our NYC office. Shoutout to our amazing co-hosts: Asian Hustle Network, Basis Set, Foundation Capital, Gold House, Lowenstein Sandler LLP, NextView Ventures, OCV Partners, Prysm Capital, SoftBank Investment Advisers, Solvia Foundry, Stand with Asians, T. Rowe Price, UBS, and Yami. #AAPI #LunarNewYear 

Today we announce the raise of an additional $100 million in Series C funding from Prysm Capital and Canapi Ventures, along with our trusted partners at Insight Partners, Stripes , and Georgian. This brings the total investment in Island to just over $325 million. It’s hard to find the words to describe what this moment means to us. Another unmistakable vote of confidence in our team, our vision, and the category we are building. And we couldn’t be more grateful. Why Island? Why now? “Island is a pioneer and clear leader in what has rapidly become one of the most exciting and high-growth product segments in cybersecurity and IT in years.” - Jay Park, Prysm Capital. “This is really the holy grail in delivering unprecedented security and compliance, as well as massive workforce productivity. No security product has ever nailed both of those priorities in the way the Island Enterprise Browser does.” - Neil Underwood, Canapi Ventures. “Island’s performance is impressive in any market conditions, but especially considering the recent headwinds facing all companies, particularly those in the growth stage.” - Jeff Horing, Insight Partners. What now? Continue delivering the ideal workspace to even more organizations everywhere. Continue going above and beyond for our customers. Continue authoring the next chapter of enterprise work. Let’s go. Read up on the raise here: https://lnkd.in/dtTzR3Kb #EnterpriseBrowser #VentureCapital #Funding