Nitrous.IO Raises US$1 Million for Its Development Tools (Asia)

Source: TechCrunch  |  Author: Anthony Ha

Nitrous.IO, a Singapore-based software company, has received a US$1 million investment from a consortium of investors led by global venture capital firm Bessemer Venture Partners. Nitrous.IO, which changed its name from Action.IO following the financing round, builds cloud-based software development environments. The company plans to add additional features to their product to develop a full web development platform.