Tangoe, founded in 2000, is a leading player in the Enterprise Software industry, based in the United States. The company's slogan, "One complete solution for order, invoice, inventory, and expense management across telecom, mobile, and cloud," reflects its mission to provide comprehensive management solutions. Tangoe's offerings encompass Telecom Expense Management (TEM), Managed Mobility Services (MMS), and Cloud Expense Management (CEM) solutions. Its impressive clientele includes major companies such as Chevron Corporation, Northern Trust, and UPS, evidencing the company's market presence. The company secured a significant $13.50M Series F investment on 05 September 2008, with investment from ORIX Venture Finance and Investor Growth Capital. Tangoe's innovative approach to streamlining complex technology environments has led to substantial cost savings for its clients, with reported annual savings exceeding $100 million in IT expenditure. In summary, Tangoe has carved out a strong presence in the enterprise software sphere, with a robust track record of delivering substantial cost savings and value to its clients. The company's ability to attract significant investment underscores investor confidence in its approach and potential for further growth and success in the market.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series F | $13.50M | 2 | 05 Sep 2008 | |
Series E | $8.00M | 3 | Axiom Ventures | 28 Nov 2006 |
Series D | $2.70M | 2 | Axiom Ventures | 10 Feb 2006 |
Venture Round | $1.75M | 1 | 30 Mar 2005 | |
Series C | Unknown | - | 17 Feb 2004 |
No recent news or press coverage available for Tangoe.