Truecaller


Truecaller is a smartphone application that has features of caller-identification, call-blocking, flash-messaging, call-recording, Chat & Voice by using the internet. It requires users to provide a standard cellular mobile number for registering with the service. The app is available for Android and iOS.

History

Truecaller is developed by True Software Scandinavia AB, a privately held company in Stockholm, Sweden founded by Alan Mamedi and Nami Zarringhalam in 2009.
It was initially launched on Symbian and Microsoft Windows Mobile on 1 July 2009. It was released for Android and Apple iPhone on 23 September 2009, for RIM Blackberry on 27 February 2012, for Windows Phone on 1 March 2012, and for Nokia Series 40 on 3 September 2012.
Truecaller had five million users performing 120 million searches of the telephone number database every month. As of 22 January 2013 Truecaller reached 10 million users. As of January 2017 Truecaller had reached 250 million users worldwide. As of 4 February 2020, it crossed 200 million monthly user-base globally, of which 150 million were from India.
On 18 September 2012, Techcrunch announced that OpenOcean, a venture capital fund led by former MySQL and Nokia executives, were investing US$1.3 million in Truecaller to push Truecaller’s global reach. 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.
In February 2014, Truecaller received $18.8 million in funding from Sequoia Capital, alongside existing investor OpenOcean, Truecaller chairman Stefan Lennhammer, and an unnamed private investor. It also announced a partnership with Yelp to use Yelp's API data to help identify business numbers when they call a smartphone. In October of the same year, they received $60 million from Niklas Zennstrom's Atomico investment firm and from Kleiner Perkins Caufield & Byers.
On 7 July 2015 Truecaller launched its SMS app called Truemessenger exclusively in India. Truemessenger enables users to identify the sender of SMS messages. This launch was aimed at increasing the company's user base in India.
In December 2019, Truecaller announced it plans to go public in an IPO on 2022.

Security and privacy issues

On 17 July 2013, Truecaller servers were allegedly hacked into by the Syrian Electronic Army. The group claimed on its Twitter handle to have recovered 459 GBs of database, primarily due to an older version of WordPress installation on the servers. On 18 July 2013, Truecaller issued a statement on its blog stating that their website was indeed hacked, but claiming that the attack did not disclose any passwords or credit card information.
On 23 November 2019 Indian-based security researcher Ehraz Ahmed discovered a security flaw that exposed user data as well as system and location information. Truecaller confirmed this information and the bug was immediately fixed.