The White Bull Summit announced AlterGeo, the Skolkovo resident, creator of a hybrid technology of geopositioning and navigation using Wi-Fi, WiMAX, GSM, IP and inventor of the homonymous geo-social service were announced as a finalist for the 2012 Bully Awards honouring Europe’s leading technology, media and telecommunications (TMT) companies.
A total of sixty deserving European firms were selected from a pool of hundreds of nominated European TMT companies. A complete list of the 2012 White Bull Summits Bully Award finalists may be viewed at http://whitebull.com/latest/our-2012-finalists.
The AlterGeo geolocationalgorithms are used to identify location of users of websites and mobile applications as well as for geo-trageting of intgernet advertising.
The service is available through free of charge mobile applications for iPhone, Android, Windows Phone 7 and Bada and is the largest service of this kind in Russia and the CIS, Its audience is more than 900,000 users.
“This year’s finalists were selected on the basis of excellence in innovation, the promise of growth, and the potential to weather the changes and challenges inherent in the TMT sector,” said Farley Duvall, Founder and CEO of White Bull Summits. “The applicants were incredibly strong this year - a clear indication of the wealth of innovation coming out of Europe.”
The finalists fall into three categories:
Yearlings: firms that seek or have received angel/seed rounds or equivalent; classic start-ups
Young Bulls: firms that seek or have received Series A financing; early stage companies
Longhorns: post Series A firms; growth stage companies
“We’re searching for the ‘wily beast’ at the heart of each firm, and have carefully selected this year’s finalists based on business proposition, market strategy, technological solutions and understanding of customer needs,” added Duvall.
White Bull Summits conducted a rigorous three-month selection process to finalize the 2012 Bully Awards finalist list. Thirty winners (ten winners per category) will be announced live at the third annual, invitation-only White Bull Summit 2012, Pathways to Exit eventin Barcelona on October 3, 2012.
White Bull Summits celebrates and champions European innovation. White Bull’s aim is not simply to produce events; White Bull is here to help companies succeed. Built upon the extensive knowledge and network of its founders and advisers, and in the spirit of the “wily beast” that lives inside all successful businesses, White Bull offers a community that brings together the best and the brightest – Europe’s top technology and media leaders, entrepreneurs, innovators, investors, and visionaries. White Bull will respond to the needs and wants of the Technology, Media and Telecommunications (TMT) sector, while providing a forum for ongoing discussion.