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Truecaller Receives €1 Million Funding From Open Ocean Capital

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Truecaller Receives €1 Million Funding From Open Ocean Capital
Description Truecaller provides public phone directories crowdsourced from mobile phones. Users can share their phone's phonebook, and then get access to the greater system.For privacy concerns, users can opt-out at any time.

“We are excited to invest in Truecaller, as the company aims to deliver a service that is valuable for every citizen as well as all businesses in the World. Truecaller is a perfect fit for Open Ocean Fund Three’s investment focus, developing a rapidly scalable business on the basis of a crowdsourcing strategy and high virality.”, says Ralf Wahlsten Open Ocean Partner.

SOURCE LINK to full article: http://www.arcticstartup.com/2012/09/19/truecaller-receives-e1-million-funding-from-open-ocean-capital

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