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April 16, 2013 09:32 pm GMT

Action.IO Becomes Nitrous.IO, Raises $1M For Its Development Tools

nitrous io logoAction.IO, a startup promising to make it easier to create, configure, and share development environments, just announced a new name Nitrous.IO and $1 million in seed funding.The round was led by Bessemer Venture Partners with participation from Draper Associates, CrunchFund, 500 Startups, TIBCO Software, Facebook co-founder Eduardo Saverin, Golden Gate Ventures, and Peanut Labs co-founder/CTO Prosper Nwankpa. (TechCrunch founder Michael Arrington is a partner at CrunchFund.)

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/v-VhLrH6bWw/

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