SINGAPORE PRESS-Facebook co-founder backs Singapore start-up - Straits Times

Wed Mar 26, 2014 8:32pm EDT

Facebook Inc co-founder and billionaire investor Eduardo Saverin has invested in Singapore start-up Nitrous.IO.

This is his second investment here since January, when he was the lead investor in e-grocer RedMart. This time, he is among eight investors who have invested US$6.65 million in Nitrous, which offers a lightning-fast way to develop software in the cloud.

NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Singapore Newsroom; Editing by Anand Basu)