Austin, TX – According to filings with the U.S. Securities and Exchange Commission, Astralabs is raising $2,000,000.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Ryan Rafols played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About Astralabs

ASTRALABS management philosophy is based around decentralized business divisions that can adapt, move, and innovate through strong top level leadership and independence with a focused and centralized vision. In general, our model is to have a strong President who runs each business, with Nihar and myself in service to them as needed. Fundamentally, ASTRALABS believe this allows us more management scale, as we can run each division independently together. We will rigorously handle capital allocation and work to make sure each business is executing well. We’ll also make sure we have a great leader for each business, and we’ll determine their compensation.

To learn more about Astralabs, visit http://astralabs.com/

Contact:
Ryan Rafols, Chief Executive Officer
408-332-7414
https://www.linkedin.com/in/ryanrafols/

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