Founded in 1997 in New York City by Alex Konanykhin, Nikolai Mentchokov, and Elena Gratcheva as an advertising agency.

[8] Part of the company's marketing plan included the distribution of free anti-spam software to consumers who watched a 30-second commercial.

[10] In 2004 KMGi released SeePassword, a program that allowed users to recover hidden or lost passwords from Internet Explorer.

At the time of WikiExperts' creation, Konanykhin suggested that Wikipedia should use advertising to generate more revenue and pay "qualified experts" to improve its content.

[19] In 2012 TransparentBusiness received the PC World Latin America Rising Star Award for the Best Cloud Computing Solution for Enterprise.