Intel Capital invests into Russian market.

Intel Capital global fund has announced today about intentions to invest into two Russian companies. This step confirms the Intel intentions to support technological innovation in Russia. Intel Capital invests into AlterGeo - a social network based on user's location determining. AlterGeo service intends to direct received funds on user base expanding and new services developing. This segment is one of the fastest growing in the world. Intel Capital has signed a financing agreement with Sapato.ru according to it. Sapato.ru is one of the leading Russian e-retailer, specializing in shoes selling. This is the first multi brand online store in the country offering 5700 models of shoes ranging from 200 leading manufacturers. Read more.