|By Marketwired .||
|March 18, 2014 04:00 PM EDT||
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.
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
Cognitive Computing is becoming the foundation for a new generation of solutions that have the potential to transform business. Unlike traditional approaches to building solutions, a cognitive computing approach allows the data to help determine the way applications are designed. This contrasts with conventional software development that begins with defining logic based on the current way a business operates. In her session at 18th Cloud Expo, Judith S. Hurwitz, President and CEO of Hurwitz & ...
Feb. 9, 2016 07:15 AM EST Reads: 213
It's easy to assume that your app will run on a fast and reliable network. The reality for your app's users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn't work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection.
Feb. 9, 2016 07:00 AM EST Reads: 180
The principles behind DevOps are not new - for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people. In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to...
Feb. 9, 2016 06:45 AM EST Reads: 288
The cloud promises new levels of agility and cost-savings for Big Data, data warehousing and analytics. But it’s challenging to understand all the options – from IaaS and PaaS to newer services like HaaS (Hadoop as a Service) and BDaaS (Big Data as a Service). In her session at @BigDataExpo at @ThingsExpo, Hannah Smalltree, a director at Cazena, will provide an educational overview of emerging “as-a-service” options for Big Data in the cloud. This is critical background for IT and data profes...
Feb. 9, 2016 06:45 AM EST Reads: 165
Father business cycles and digital consumers are forcing enterprises to respond faster to customer needs and competitive demands. Successful integration of DevOps and Agile development will be key for business success in today’s digital economy. In his session at DevOps Summit, Pradeep Prabhu, Co-Founder & CEO of Cloudmunch, covered the critical practices that enterprises should consider to seamlessly integrate Agile and DevOps processes, barriers to implementing this in the enterprise, and pr...
Feb. 9, 2016 06:30 AM EST Reads: 349
SYS-CON Events announced today that Men & Mice, the leading global provider of DNS, DHCP and IP address management overlay solutions, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. The Men & Mice Suite overlay solution is already known for its powerful application in heterogeneous operating environments, enabling enterprises to scale without fuss. Building on a solid range of diverse platform support,...
Feb. 9, 2016 06:15 AM EST Reads: 171
Advances in technology and ubiquitous connectivity have made the utilization of a dispersed workforce more common. Whether that remote team is located across the street or country, management styles/ approaches will have to be adjusted to accommodate this new dynamic. In his session at 17th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., focused on the challenges of managing remote teams, providing real-world examples that demonstrate what works and what do...
Feb. 9, 2016 06:00 AM EST Reads: 248
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
Feb. 9, 2016 05:30 AM EST Reads: 125
As enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense. In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis...
Feb. 9, 2016 05:30 AM EST Reads: 151
In most cases, it is convenient to have some human interaction with a web (micro-)service, no matter how small it is. A traditional approach would be to create an HTTP interface, where user requests will be dispatched and HTML/CSS pages must be served. This approach is indeed very traditional for a web site, but not really convenient for a web service, which is not intended to be good looking, 24x7 up and running and UX-optimized. Instead, talking to a web service in a chat-bot mode would be muc...
Feb. 9, 2016 05:15 AM EST Reads: 220
More and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively. What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho...
Feb. 9, 2016 05:15 AM EST Reads: 183
Fortunately, meaningful and tangible business cases for IoT are plentiful in a broad array of industries and vertical markets. These range from simple warranty cost reduction for capital intensive assets, to minimizing downtime for vital business tools, to creating feedback loops improving product design, to improving and enhancing enterprise customer experiences. All of these business cases, which will be briefly explored in this session, hinge on cost effectively extracting relevant data from ...
Feb. 9, 2016 05:00 AM EST
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO...
Feb. 9, 2016 04:45 AM EST Reads: 179
SYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON's 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY. iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc...
Feb. 9, 2016 04:45 AM EST
With an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things. In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte...
Feb. 9, 2016 04:30 AM EST Reads: 139