Click here to close now.




















Welcome!

News Feed Item

Nitrous.IO Raises $6.65M Series A Round Led by Bessemer Venture Partners to Supercharge Development Teams

Nitrous.IO Cuts Development Costs With Cloud-Based Collaborative Platform for Programmers

SAN FRANCISCO, CA -- (Marketwired) -- 03/18/14 -- Nitrous.IO closed a Series A round led by Bessemer Venture Partners (BVP) that will fund the expansion of the cloud-based developer platform that is quickly becoming the go-to solution for development teams seeking power, flexibility and speed.

Nitrous.IO draws its name from the racing world: Expert drivers add nitrous oxide to their engines to increase power and performance. Like racecar drivers, Software Developers are performance enthusiasts: they want to build applications quickly and effortlessly. With Nitrous.IO, developers can create PHP, Java, NodeJS, Python, Ruby and Go development environments in the cloud in just seconds. They can edit code via a browser-based Web IDE or from their favorite code editor. Teammates can code collaboratively in any modern web browser from anywhere in the world.

Nitrous.IO already counts Heroku, Hashrocket and over 100,000 developers from 4,000 organizations among its users. The platform has grown at over 50% month-over-month exclusively through word-of-mouth within the development community. During the first 7-months of public beta, Nitrous.IO has helped engineering departments save over 500,000 hours of development time -- a value of approximately $40M in cost savings to engineering organizations. As a testament to its value to the development community, Nitrous.IO was recently selected by Amazon Web Services (AWS) as one of only 11 recommended tools and platforms in their AWS Activate Program. Within this highly curated list of proven vendors, Nitrous.IO is the only platform for application development.

"Incredibly, the same developers who build wonderful cloud-based apps are themselves still chained to their local dev environments, which they must painstakingly debug and maintain," said Sunil Nagaraj, Vice President at Bessemer Venture Partners. "Bessemer is proud to have incubated what we believe to be the future of professional software development in the cloud."

Hashrocket, a leading web development consultancy with over 30 engineers, uses Nitrous.IO daily to improve its collaborative development workflow. Johnny Winn, a lead developer at Hashrocket, shares about his experience with the platform:

"Nitrous.IO provides the perfect platform for me to collaborate with talented engineers around the world. I can give an engineer access to my code in a few clicks. And within minutes we can solve a problem together on a real dev environment without making them download or learn any new tools. Nitrous.IO is like having a cell phone in the age of telegraph."

The Series A round was led by Bessemer Venture Partners and included 500 Startups, Crunchfund, Eduardo Saverin, Co-founder of Facebook, Golden Gate Ventures, Bill Ackman, founder and CEO of Pershing Square Capital Management, Larry Link, former SVP of Palo Alto Networks, Razmig Hovaghimian, CEO of Viki.com, and Hari Kumar of Lion Rock Capital. Sunil Nagaraj of Bessemer Venture Partners joins the board along with Andrew J. Solimine, CEO of Nitrous.IO.

About Nitrous.IO
Nitrous.IO provides powerful, fast, preconfigured development environments in the cloud that can be accessed anywhere from any modern web browser. Developers can create and start programming in a brand new PHP, Java, Node.JS, Python, Ruby or Go development environment -- in a matter of seconds -- from any modern browser or using their favorite local editors, while easily inviting collaborators worldwide to contribute using the individual tools they love combined with the convenience of cloud. Over 100,000 developers have created and shared development environments for professional, open-source, and personal projects using Nitrous.IO. Learn about product updates and announcements via Twitter @nitrousio.

About Bessemer Venture Partners
Bessemer Venture Partners (BVP) invests in early-stage, hyper-growth startups, partnering closely with entrepreneurs to build durable businesses. BVP is a global firm with offices in Menlo Park, Cambridge, New York, Mumbai, Bangalore, Herzliya and Sao Paolo. With $4 billion under management, BVP invests anywhere from $100,000 to $75 million in innovative companies like LinkedIn, Yelp, Skype, CornerstoneOnDemand, Pinterest, Box and Twilio. Over 100 BVP companies have gone public. Learn more at bvp.com and follow us on Twitter @BessemerVP

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
Red Hat is investing in Tesora, the number one contributor to OpenStack Trove Database as a Service (DBaaS) also ranked among the top 20 companies contributing to OpenStack overall. Tesora, the company bringing OpenStack Trove Database as a Service (DBaaS) to the enterprise, has announced that Red Hat and others have invested in the company as a part of Tesora's latest funding round. The funding agreement expands on the ongoing collaboration between Tesora and Red Hat, which dates back to Febr...
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Akana has announced the availability of the new Akana Healthcare Solution. The API-driven solution helps healthcare organizations accelerate their transition to being secure, digitally interoperable businesses. It leverages the Health Level Seven International Fast Healthcare Interoperability Resources (HL7 FHIR) standard to enable broader business use of medical data. Akana developed the Healthcare Solution in response to healthcare businesses that want to increase electronic, multi-device acce...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
SYS-CON Events announced today that the "Second Containers & Microservices Expo" will take place November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Containers and microservices have become topics of intense interest throughout the cloud developer and enterprise IT communities.
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
Through WebRTC, audio and video communications are being embedded more easily than ever into applications, helping carriers, enterprises and independent software vendors deliver greater functionality to their end users. With today’s business world increasingly focused on outcomes, users’ growing calls for ease of use, and businesses craving smarter, tighter integration, what’s the next step in delivering a richer, more immersive experience? That richer, more fully integrated experience comes ab...
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
IBM’s Blue Box Cloud, powered by OpenStack, is now available in any of IBM’s globally integrated cloud data centers running SoftLayer infrastructure. Less than 90 days after its acquisition of Blue Box, IBM has integrated its Blue Box Cloud Dedicated private-cloud-as-a-service into its broader portfolio of OpenStack® based solutions. The announcement, made today at the OpenStack Silicon Valley event, further highlights IBM’s continued support to deliver OpenStack solutions across all cloud depl...
WSM International, the pioneer and leader in server migration services, has announced an agreement with WHOA.com, a leader in providing secure public, private and hybrid cloud computing services. Under terms of the agreement, WSM will provide migration services to WHOA.com customers to relocate some or all of their applications, digital assets, and other computing workloads to WHOA.com enterprise-class, secure cloud infrastructure. The migration services include detailed evaluation and planning...