Truecaller Raises $18.8M in Series B Funding

Funding Rounds

Summary

Truecaller, a Stockholm, Sweden-based developer of a global crowdsourced phone directory, raised $18.8m in Series B funding.The round was led by Sequoia Capital, with participation from existing investor Open Ocean.Founded in 2009 by icon Alan Mamedi, CEO, and Nami Zarringhalam, CSO, Truecaller is a verified mobile phone community that allows users to expand their contact list and reach people they want to find.It is available on the web and as an app for the iPhone, Android, BlackBerry, Symbian S60, Series 40, and Windows Phone.Along with funding, Truecaller partnered with Yelp to allows its users to identify local, national, and international businesses, and also view their Yelp rating.

$ Funding

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Amount $18.8M Total raised
Date February 7, 2014 Announcement date
Investors Truecaller Lead investors
Company http://www.truecaller.com Funded company

Classifications

industries
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applications
General BI

AskAI Classifications

Labels
Consumer Communications Software Mobile Apps Identity Verification Software

Linked Companies

Truecaller
$50M to $100M