AlterGeo is the developer of the global hybrid system for the positioning of electronic devices by WiFi, WiMAX, GSM, LTE, IP addresses and network environment, and the creator of Russia's leading cross-platform location-based social networking service AlterGeo.ru. In 2012, the company released an intelligent restaurant guide, Gvidi, a free iOS-app based on sophisticated collaborative filtering algorithms. In December 2014, AlterGeo released Local Hero, a self-service hyperlocal banner advertising system for local businesses. In 2013, AlterGeo won The Europas as the Best Russian Startup and was shortlisted for the Best Transport, Travel or Environmental Startup there. The Financial Times listed it among four Russia's Next Tech Titans. 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. AlterGeo's system positions 150M+ unique devices and serves 400M+ location requests daily. It includes back-end positioning algorithms, data of 135M+ WiFi and other radio signals spots and stations across the world, and API. Hybrid geolocation accuracy: 20-30 meters. IP based geolocation: 500-1,000 meters.
Local Hero publishes customers' banners throughout the Internet (via several RTB ad exchanges) and displays them on desktop and mobile devices in small geographic areas (min. radius - 500 meters).
The social network, AlterGeo.ru, helps navigate in and around cities. It provides an easy way to find new interesting places around, share location with friends, give and receive useful recommendations, and get discounts in restaurants and other places.
Website & free mobile apps. Gvidi studies the users' private preferences and social graph to give them highly personalized recommendations about certain surrounding cafes, bars or restaurants. Free mobile apps.
Latest funding size
Time since last funding
|7 years ago|
|Intel Capital, Esther Dyson, Almaz Capital, Kite Ventures|