Category Sponsorship Banner Left

Category Sponsorship Banner Right

Category Sponsorship Banner Middle

Wednesday, 05 November 2014 10:20

Nitro raises US$15M VC funding


PDF software company Nitro has received US$15 million funding from venture capital firm Battery Ventures.

Founded in Melbourne but now headquartered in San Francisco, Nitro competes with Adobe for a share in the PDF software market.

Its latest funding round attracted US$15 million from Battery Ventures, which previously invested in companies such as Akamai, Blue Jeans, Freescale, Groupon, Nutanix, Skullcandy and Splunk, as well as less well-known names.

Some Battery-backed companies have been acquired by top-tier enterprises such as Apple, Boeing, Cisco, IBM, and Symantec.

The US$15 million from Battery will be used by Nitro primarily to accelerate its growth.

The shopping list include more staff, particularly in Europe (founder and CEO Sam Chandler mentioned his hiring plans for Ireland in a recent interview with iTWire).

All told, Nitro expects to expand from 160 to 500 employees over the next three to five years.

The investment will also be used to build out Nitro's infrastructure.

Battery general partner Michael Brown will join the Nitro board.

"Every business deals with documents and knows the pain points in effectively sharing them and using them to collaborate with others. Both offline and online, Nitro is helping to solve these universal problems," he said.

"It's exciting to think that we've only just scratched the surface of this significant market opportunity and Battery is delighted to partner with the Nitro team to deliver on the company's vision of bringing smarter documents to everyone."

Nitro's first funding round was in 2012-13, when it raised $6.6 million from local investor Starfish Ventures.

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here


It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site and prominent Newsletter promotion and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinatrs and campaigns and assassistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.



iTWire TV offers a unique value to the Tech Sector by providing a range of video interviews, news, views and reviews, and also provides the opportunity for vendors to promote your company and your marketing messages.

We work with you to develop the message and conduct the interview or product review in a safe and collaborative way. Unlike other Tech YouTube channels, we create a story around your message and post that on the homepage of ITWire, linking to your message.

In addition, your interview post message can be displayed in up to 7 different post displays on our the site to drive traffic and readers to your video content and downloads. This can be a significant Lead Generation opportunity for your business.

We also provide 3 videos in one recording/sitting if you require so that you have a series of videos to promote to your customers. Your sales team can add your emails to sales collateral and to the footer of their sales and marketing emails.

See the latest in Tech News, Views, Interviews, Reviews, Product Promos and Events. Plus funny videos from our readers and customers.


Stephen Withers

Stephen Withers is one of Australia¹s most experienced IT journalists, having begun his career in the days of 8-bit 'microcomputers'. He covers the gamut from gadgets to enterprise systems. In previous lives he has been an academic, a systems programmer, an IT support manager, and an online services manager. Stephen holds an honours degree in Management Sciences and a PhD in Industrial and Business Studies.

Share News tips for the iTWire Journalists? Your tip will be anonymous