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Almaz and Intel Capital Invest in AlterGeo, Foursquare for Russia

Files under: Mobile, News, Tech, Web 2.0
Posted by: admin @ 01:15 [9. 06. 11]

Intel Capital and Almaz Capital have led a new round of funding in AlterGeo, a Russian geo social service. Intel and Almaz invested several million dollar in exchange for a 25% stake in AlterGeo, valuing it at $20 million, according to newspaper Vedomosti. That could imply $5 million new investment. AlterGeo previously raised $1 million [...]