In October of the same year, they received US$60 million from Niklas Zennström's Atomico investment firm and from Kleiner Perkins Caufield & Byers. It also announced a partnership with Yelp to use Yelp's API data to help identify business numbers when they call a smartphone. In February 2014, TrueCaller received US$18.8 million in funding from Sequoia Capital, alongside existing investor OpenOcean, TrueCaller chairman Stefan Lennhammer, and an unnamed private investor. TrueCaller said that it intended to use the new funding to expand its footprint in "key markets"-specifically North America, Asia and the Middle East. On 18 September 2012, TechCrunch announced that OpenOcean, a venture capital fund led by former MySQL and Nokia executives (including Michael Widenius, founder of MySQL), were investing US$1.3 million in TrueCaller to push TrueCaller’s global reach. As of 4 February 2020, it crossed 200 million monthly user-base globally, of which 150 million were from India. As of January 2017, TrueCaller had reached 250 million users worldwide. As of 22 January 2013, TrueCaller reached 10 million users.
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It was released for Android and Apple iPhone on 23 September 2009, for BlackBerry on 27 February 2012, for Windows Phone on 1 March 2012, and for Nokia Series 40 on 3 September 2012.Īs of September 2012, TrueCaller had five million users performing 120 million searches of the telephone number database every month. It was initially launched on Symbian and Windows Mobile on 1 July 2009. TrueCaller is developed by True Software Scandinavia AB, a privately held company with a head office in Stockholm, Sweden, founded by Alan Mamedi and Nami Zarringhalam in 2009, but most of its employees are in India.