17 Apr '13, 9am

Nitrous.IO from Singapore Gets $1 Million Funding From Silicon Valley Luminaries

Nitrous.IO from Singapore Gets $1 Million Funding From Silicon Valley Luminaries

Nitrous.IO , Action.IO’s software development platform and key product, just got $1 million in seed funding from a handful of VC firms in Silicon Valley including Bessemer Venture Partners, Draper Associates, CrunchFund, 500 Startups, TIBCO Software, and individuals like Eduardo Saverin and Prosper Nwankpa. The whole idea behind Nitrous.IO is to help “developers create a development environment in the cloud in a matter of seconds.” If I have a developer team and I want to build and implement a software product, it always takes a lot of time to find, download, set up, and install code on all my machines to create the product. It’s always a long, annoying and repetitive (and maybe even error-prone) process. This slows down software teams and costs money. And it costs even more money to do this for bigger software projects. Thus, what Nitrous.IO is building is potentially a h...

Full article: http://www.techinasia.com/nitrousio-singapore-1-million-f...

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