Overview

Update
Total Equity Funding
$11M in 2 Rounds from 4 Investors
Most Recent Funding
$10M Venture on June 9, 2011
Headquarters:
Moscow
Description:
AlterGeo, formerly named Wi2Geo, develops the global hybrid system of positioning by WiFi, WiMAX, GSM, LTE, IP and network environment
Founders:
, , ,
Categories:
Search Engine, Advertising, Wireless, Private Social Networking, Local Advertising, Apps, Location Based Services, Navigation
Website:
http://platform.altergeo.ru
Social:

Company Details

Update

Founded in 2008, AlterGeo (formerly known as Wi2Geo) develops a hybrid positioning system which combines the advantages of navigation based on WiFi, WiMAX, GSM, GPS, CDMA, IP and several other methods, and is an author of Russia's leading cross-platform location-based social networking service AlterGeo.

In November 2012, the company released in Russia an intelligent restaurant recommendation guide, Gvidi launched in the US in July 2013.

AlterGeo has already been recognized internationally. In January 2013, the company won The Europas as the Best Russian Startup and was shortlisted for the Best Transport, Travel or Environmental Startup there. In 2012, AlterGeo was given the Bully Award, named finalist of Red Herring Top 100 Global and Europe, and included in Informilo's list of Russia's Top 25 Hottest Tech Companies.

Products

  • The company's technological platform positions 30M+ devices and serves 170M+ locations on a daily basis. It includes back-end positioning algorithms, data of 110M+ unique WiFi and other radio signals spots and stations across the world, API for partners, and SDK's for all major mobile platforms, including iOS, Android, Symbian, Windows Phone 7, and Mac OS.

  • The social network, AlterGeo (http://altergeo.ru), helps navigate in and around cities. It provides an easy way to find new interesting places around, share current location with friends, give and receive useful recommendations, and get discounts and bonuses in restaurants and other recreational and business venues. AlterGeo is available at http://altergeo.ru and its mobile version http://m.altergeo.ru, as well as through free mobile applications for iOS, Android, Windows Phone 7 and Bada. Currently AlterGeo enjoys the audience of 1M+ users, mostly in Russia and Ukraine.

  • The mobile recommendations service, Gvidi (http://gvidi.me), studies its users' private preferences and social graph in order to give them highly personalized recommendations about certain surrounding cafes, bars and restaurants.

Funding Rounds (2) - $11M

Update
DateAmount / RoundValuationLead InvestorInvestors
Jun, 2011$10M / Venture3
Jan, 2009$1M / Venture1

Investors (4)

InvestorRound(s)Partner(s)
Venture (Lead)-
Venture-
Venture (Lead)-
Venture (Lead)-

Current Team (3)

Update

Products (4)

Update
  • AlterGeo is the global hybrid location system for the positioning of electronic devices by WiFi, WiMAX, GSM, LTE, IP addresses and network
  • Self-service hyper-local banner ads distribution system to cover both desktop and mobile devices within small neighborhoods (0.3+ mi radius)
  • AlterGeo, formerly known as Wi2Geo, is the leading location-based mobile social networking service in Russia and the CIS.
  • Gvidi is an intelligent personalized restaurant search engine, providing smart selection of food locations on the basis of users’ taste.

Competitors (6)

Update
  • Foursquare is a technology company that uses location intelligence to build meaningful consumer experiences and inform business decisions.
  • Loopt is a mobile application and website that connects people to their community.
  • Ness Computing personalizes search results and recommendations and offers as its initial product an app that recommends new restaurants.
  • Nulaz delivers location based social networking services. With Nulaz you can see where your friends are, share locations, and view local
  • Skyhook Wireless is a worldwide leader in location, powering location and context for apps, adtech and devices.
  • Yelp Denmark operates an online platform that connects people with local businesses in the Denmark.

Offices/Locations (1)

Update
  • HQ

    3/1 Prospekt Mira

    Moscow, 129090

    RUS

Past Team (2)

Update

Images (6)

Update

Add Acquisitions

Add Board Members and Advisors

Add Sub Organizations

Add Memberships

Add Customers

Add Partners

Add Videos