Founded in Melbourne in 2005 and now headquartered in San Francisco, Nitro says its focus on vastly improving document productivity and workflow across large organisations is paying off, and claims it added more than 300 new enterprise customers in 2016 alone.
Sam Chandler, Nitro’s founder and chief executive, says in the APAC region, Nitro’s footprint is growing rapidly, with a 55% year-on-year increase in sales in 2016 and the addition of 35 new enterprise customers, including JLL, Bluescope Steel, and the Australian Bureau of Statistics.
Chandler says the funding round will support Nitro’s aggressive growth plans and further fuel R&D efforts “to continue on our mission to make documents smarter”.
“We’re proud of achieving another significant milestone in Nitro’s journey. Thanks to the continued support of Battery and our new investors, we’re in a strong position to fulfill our growth ambitions in the enterprise while continuing to scale our operations globally,” Chandler says.
“CIOs choose to work with us to accelerate digital transformation because we’re a true partner – not only do we offer solutions that solve the most common document productivity challenges while delivering measurable and meaningful ROI, we also provide a customer success and service experience that is second to none and a real value differentiator for our customers.”