Singapore programming solution startup Nitrous.IO closes 8.4 million Series A round

Photo: What the integrated development environment (IDE) looks like on a web browser; Nitrous.IO

Singapore company Nitrous.IO, which runs a flexible online development environment that changes the way coders collaborate, has closed a USD6.65 (SGD8.4) million Series A round led by Bessemer Venture Partners. 

The oversubscribed round involved many from Nitrous.IO’s initial seed round, including 500 Startups, Crunch Fund, Facebook co-founder Eduardo Saverin and Viki.com CEO Razmig Hovaghi. 

In a TODAY report, Nitrous.IO is said to have credited its investment success to the product’s flexibility — it allows programmers developing new software to save their work on a cloud system, removing the need to ‘crowd around’, invest in expensive computers and replicate programming settings on separate machines.

With Nitrous.IO’s web IDE, programmers can code anytime, anywhere on a modern web browser.

Speaking to TODAY and TechCrunch, the team has revealed that they will be using the money to hire more employees — mainly in the engineering and marketing teams — so they can sell the technology to bigger entreprises. 

Read Also: Rakuten to Viki: Take my money!

 




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