Nitro, a San Francisco, CA-based document productivity company, closed a $15m funding round.
Battery Ventures made the investment. In conjunction with the deal, Michael Brown, general partner at Battery, will be joining Nitro’s Board of Directors.
The company intends to use the funds to accelerate growth and adoption of its new Nitro Cloud offering, and continue its international expansion with a particular emphasis on growth in the UK.
Founded in in Melbourne, Australia, in 2005 by Sam Chandler, CEO, Nitro provides a document productivity platform tha tallows companies to eliminate paper-based processes like printing, faxing, and scanning, and help employees and customers share, sign, approve, track, and collaborate on documents securely.
The company has more than 490,000 customers in nearly 200 countries and over 150 employees in SF, in Melbourne, Australia; Dublin, Ireland; Nitra, Slovakia; St. Petersburg, Russia.