App Store Optimization Tool App Radar closes a €1 million Euro financing round

The ASO solution has already helped to achieve more than 100 million
app downloads for its customers

GRAZ, Austria & HELSINKI–(BUSINESS WIRE)–#appmarketing–Austrian based App Store Optimization (ASO) Tool App
Radar
has closed a seven-digit Euro financing round. Lead investor
is the venture capital firm eQventure directed by Herbert Gartner.

“App Radar is all about improving app store rankings and triggering more
downloads. Our tool helps apps and games being found worldwide. It’s
perfect for app marketers, developers and agencies, who want to find the
right keywords and achieve higher rankings to grow their business. With
this financing round we will speed up our product development and
internationalization”, comments Thomas Kriebernegg, CEO and Co-Founder
of App Radar.

Since its launch 2,5 years ago, App Radar has already helped achieving
more than 100 million downloads for customers like iTranslate, Kolibri
Games, Tivola Games or NerByte, some of the world’s most successful pure
play mobile companies. App Radar analyzes, optimizes and publishes apps
for platforms like Apple App Store, Google Play Store and Apple tvOS App
Store.

„In December 2018, App Radar will launch a new feature that will provide
insights which keywords are generating app installs. This will make App
Store Optimization even more effective and results-driven“, announces
Kriebernegg.

Selected to pitch at Slush 100 in Helsinki

App Radar has been selected out of 2500 applications to participate at
the Slush
100 Pitching Competition organized to help founders forward.

About App Radar:

Based in Graz (Austria), 15 software engineers, sales & marketing
experts are working with passion to build the best solution that helps
app startups, marketers and developers in getting their app to the
users. Located in the heart of Europe, the team behind App Radar
co-operates with both local as well as international partners. Thus, the
next step is to expand the company abroad to offer App Radar’s
international customers an even more advanced service.

About eQventure:

eQventure provides Austrian high-tech companies growth capital as well
as a strong network and straightforward support in all situations from
launching their business up to accelerating growth. eQventure is backed
by successful entrepreneurs who invest their own money and know-how in
growth-oriented high-tech companies.

Contacts

App Radar
Thomas Reiter
Phone: +43 676 66 88 611
Email:
thomas.reiter@reiterpr.com