- Total Equity Funding
- $11M in 2 Rounds from 4 Investors
- Most Recent Funding
- $10M Venture on June 9, 2011
- AlterGeo, formerly named Wi2Geo, develops the global hybrid system of positioning by WiFi, WiMAX, GSM, LTE, IP and network environment
- Denis Alaev, Anton Baranchuk, Sergey Kurlovich, Alexandre Dorjiev
- Search Engine, Advertising, Wireless, Private Social Networking, Local Advertising, Apps, Location Based Services, Navigation
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.
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) - $11MUpdate
Current Team (3)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.
|Jan 15, 2016||iAM Wire - Foursquare Raises $45M as Its Valuation Goes Down; CEO Dennis Crowley Replaced|
|Jan 8, 2015||rbth.co.uk - Local heroes wanted: firm puts small businesses in the spotlight|
|Dec 22, 2014||localhero.ru - Local Hero|
|Apr 23, 2014||TechCrunch - Unnamed Russian Banks Are Using AlterGeo’s Location Data For Credit Ratings|
|Jul 11, 2013||TechCrunch - The Russians Are Coming, Bearing An Algorithm-Based Restaurant App Called Gvidi|
|Feb 7, 2013||East West Digital News - Innovative restaurant social app Gvidi tops Russian language App Store|
|Feb 7, 2013||SlideShare - One-slide presentation of AlterGeo|
|Jan 9, 2013||The Next Web - European Tech's Finest: Here's the Europas 2013 Shortlist|
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