SOURCE: Metago, Inc.

Metago, Inc.

July 05, 2011 01:01 ET

Metago Closes Series A Funding for File Management Solution

Metago Secures Funding to Enhance ASTRO File Manager and Accelerate Growth of Their Already Exceptional 12 Million Users

MARIETTA, GA--(Marketwire - Jul 5, 2011) - Metago, creators of ASTRO, the world's leading file management application with over 12 million users worldwide, announced today it has closed $550,000 in Series A financing from Kii Capital, a Silicon Valley-based venture fund. The capital will support the expansion of the ASTRO product line including a new cloud-based product, enhancements to ASTRO File Manager and continued investment in their OEM channel.

"ASTRO File Manager is recognized as a leading app in the Android ecosystem with millions of loyal users worldwide, and we are excited about the new opportunities this funding will support," said Kevin Payne, founder and chief executive officer of Metago. "We are using this capital to drive exciting features and new products which will be available shortly. We are confident this will accelerate the growth of our user base and help create a raving fan base of customers."

ASTRO allows users to manage files easily, similar to Windows Explorer® on a PC. Users perform tasks like cut, copy, paste and can backup files or apps to an SD card. ASTRO not only manages your pictures, music, documents, videos and more, it also has several other built-in tools like a task killer where users can manage processes that eat up devices processing power or battery life, SD card usage monitor and more. ASTRO combines these core functions so users do not need multiple apps.

"We are very proud to be part of the ASTRO story," said Christof Wittig, managing director of Kii Capital. "The ASTRO brand is well-known, well-reputed and powerful, because its products solve a real problem that real users have daily -- managing content. We have evaluated many alternatives and it was ASTRO which convinced us, based on over 12 million downloads and its top 10 ranking in the Android Marketplace, that it is in a position to be a real and sustainable market leader in smart phone utility apps."

ASTRO File Manager has received dozens of awards including Best Tool App by Android Awards, a 5-star rating from CNET and Best All-Purpose Utility Android App by PC Magazine. ASTRO has a free ad-supported version as well as a Pro Version which is currently $3.99. Users can download ASTRO at https://market.android.com/details?id=com.metago.astro&hl=en or find out more at http://www.metago.net.

About Metago
Metago is a leading mobile device application firm headquartered in the Atlanta, Georgia metro area. The Company sells innovative applications for Android mobile phones and tablets which help users to get the most out of their Android devices. For more information on Metago or ASTRO File Manager, visit us online at http://www.metago.net.

About Kii Capital
Kii Capital (www.kii.com/capital) invests into early stage mobile applications, running on smart phones like Android OS handsets and the iPhone.

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