Nitro, the other PDF software company, raises $3.5 million

Funding Rounds

Summary

Nitro is an Australian-founded, San Francisco-based startup that’s all about editing, reading, signing, and convering PDFs, and the company has just raised $3.5 million. The new infusion of cash should help the company continue its product development and marketing; however, reps for the startup tell us it’s already doing pretty well in terms of adoption. However, around 150,000 paying customers have upgraded to Nitro Pro, the startup’s PDF creation and editing suite. Part of this new round of funding is intended to take Nitro from a downloadable software suite to a cloud-based business collaboration workflow for the enterprise. Starfish’s portfolio centers on life sciences, green startups, and tech companies, including design marketplace DesignCrowd, integrated circuit-maker g2 Microsystems, and Space Time Research, which (we were somewhat disappointed to learn) is not a time-travel outfit but rather a Big Data startup with an eye on the enterprise.

$ Funding

$
Amount $3.5M Total raised
Date April 3, 2012 Announcement date
Investors Nitro Software, DesignCrowd, Starfish Ventures Lead investors
Company http://www.gonitro.com Funded company

Classifications

industries
HealthTech
applications
Business Intelligence

AskAI Classifications

Labels
Business Intelligence Data Analytics Big Data Analytics

Linked Companies

Nitro, Inc.
$50M to $100M
WingArc Australia
$1M to $5M
Nitro
$10M to $25M