Wizi is a Portugal-based startup founded in 2006, specializing in developing location sharing and geo-social discovery solutions for mobile devices. The company stands out by aggregating geo-location technology and location information from social networks, resulting in a highly engaging experience for smartphone users. Additionally, Wizi has developed an SMS text-based service integrated with mobile operators' Location-Based Services (LBS), extending its reach to non-smartphone users and opening up a revenue stream for mobile operators.
One of Wizi's unique value propositions lies in its cloud-based technology, which is seamlessly integrated with popular social networks such as Facebook, Foursquare, Twitter, and Instagram. This integration allows users to access a single platform to track their friends' locations, discover nearby special offers, and receive notifications about their friends' check-ins.
Wizi's business model and technology have significant potential, especially in developing markets where it can reach an untapped audience of millions of users. Although the company's last investment and investors are currently undisclosed, its innovative approach to location-based services and geo-social discovery positions it as a promising prospect for venture capital firms seeking opportunities in the mobile and social networking space.
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