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The 10 coolest tech companies in Sweden

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Tictail CEO Carl Waldekranz

Sweden is one of the Europe's biggest countries for technology startups. It's home to giant billion-dollar companies, video game studios, and small startups working on some big ideas.

We ranked some of Sweden's best technology companies according to how big they are, how unique their technology is, and the amount of funding raised.

10. Truecaller can be used to figure out who's calling you.

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What it is: Truecaller is an app that helps users to screen and block unwanted calls. The platform has a global directory of millions of numbers, so there's a good chance it can identify who's calling — like your bank or a telemarketer — even if that number isn't stored in your phonebook. 

You can also search for phone numbers on Truecaller's platform and see the top reported spam numbers in your area. 

The company raised $60 million (£39 million) in 2014 from investors including Atomico and Kleiner Perkins Caufield & Byers. 

Total amount raised: $80.1 million (£52.1 million)

Headcount: 148



9. SoundCloud is a popular music streaming site.

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What it is: Europe loves its streaming sites and SoundCloud is in the forefront of that. Started in Sweden in 2007, SoundCloud has become the go-to place for DJs and musicians to share their latest music. SoundCloud has moved its head office to Berlin and currently has over 400 employees. It has embarked upon an ambitious plan to monetise, introducing premium accounts and deals with major record labels.

There were reports in May that Twitter and SoundCloud were in talks about a possible acquisition to create a music feature on Twitter, but it doesn't look like those conversations ever amounted to anything. 

Total amount raised: $123.3 million (£80.3 million)

Headcount: 478



8. The Pirate Bay is a well-known file-sharing site.

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What it is: The Pirate Bay, founded in 2003 by a group of Swedish men who believed content should be free, has become one of the world's most well-known illegal filesharing websites.

Though the site was shut down for several months earlier this year for copyright infringement, we considered it on this list because it has changed the way people consume media. 

Users can browse the site to find pirated movies, music, TV shows, and books, and then find torrent links to download the files. The site earns money through advertising on its pages.

The site is now run by new, anonymous owners that are not connected with The Pirate Bay's original creators. 

Total amount raised: Unknown

Headcount: Unknown



See the rest of the story at Business Insider

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