Cloud document editing company Nitro just got $15 million from Battery Ventures. Nitro previously raised two undisclosed rounds from Australian venture capital firm Starfish Ventures, bringing the total up to $21.6 million now. The San Francisco-based startup made a name for itself in the PDF space. It’s product Nitro Pro was the first competitor to Adobe Acrobat.
Verizon Ventures, the venture capital arm of the Internet, phone, and wireless networking services company, will look to double its portfolio and the capital it invests in startup companies, TechCrunch has learned.