Nitro Continues Expansion in Europe; Hits 500,000th Customer Milestone as AIB signs up in Ireland
DUBLIN – 24 February, 2015 – Nitro, a leading provider of document productivity and workflow solutions, today announced it has reached 500,000 customers globally as one of Ireland’s largest commercial and retail banks, Allied Irish Bank (AIB), has signed on to rollout Nitro to over 1,000 employees. Nitro has experienced over 50% growth in Europe since announcing the opening of its Dublin office at the 2013 Web Summit.
Australian-founded with global headquarters in San Francisco, Nitro simplifies the way people create, edit, sign, and share digital documents. Best known for its award-winning Adobe® Acrobat® replacement, Nitro Pro, the trusted PDF solution for more than 50% of the Fortune 500 and the standard PDF software preload for PC giant Lenovo®, the company also recently unveiled Nitro Cloud, a new service that provides powerful flexibility to businesses when sharing, signing, and collaborating with documents and underlines Nitro’s commitment to the paperless office, document productivity, and workflow efficiency. Today, more than 500,000 businesses run Nitro and its products are used by millions of people around the world every month.
Nitro officially established its EMEA headquarters in Dublin in January of last year with plans to hire 50 employees in its first two years of operation. Since then, growth expectations have doubled with plans to expand to over 100 staff by the end of 2016. On the back of a $15 million funding round from Battery Ventures last November, plans are also now underway to open an EMEA data centre in Ireland by the end of this year. With 40 employees already and a new larger Dublin office at One Grand Parade in place, the growth in EMEA has been faster than in any other region in which Nitro operates over the past 12 months.
“We’re thrilled to welcome AIB on board as our 500,000th customer and to achieve such a significant milestone for the business and our team,” said Sam Chandler, Nitro’s Founder and CEO. “Over the past 18 months, we’ve doubled down on our growth in EMEA and it’s great to see what our world-class team in Dublin is achieving in helping customers like AIB close contracts faster, collaborate more efficiently, modernise their document processes, save money, and do it all more elegantly and securely than the old ways of paper and email.”
Enda Quain, Head of Technology Integration and Assurance at AIB, said: “We’ve started using Nitro within our organisation and have been blown away by how much faster, more functional and cost-effective it is compared to what we used before. From a business perspective, this move was a complete no-brainer because Nitro is twice as fast at a fraction of the cost, with savings in excess of a hundred thousand euro.”
John O’ Keeffe, Nitro’s VP, EMEA added, “We’re delighted to have AIB on board as our 500,000th customer. The team we’re building here in Dublin has done an incredible job supporting the growth of the business and the future here is looking very bright. We’ve been really impressed with the calibre of talent we’ve hired and expect that to continue as we expand recruitment for a range of positions, including multilingual sales, account management, customer service, marketing, and operations staff, as well as engineering and product roles.”
Australian-founded, Nitro is headquartered in downtown San Francisco with offices in Melbourne, Australia; Dublin, Ireland; Nitra, Slovakia; St. Petersburg, Russia. One of the fastest-growing private companies in the world, Nitro is also a multiple Inc. 500/5000, BRW Fast 100, Deloitte Technology Fast 50 and Software 500 award winner.
More info: www.gonitro.com.