About Tango
Tango is a company based in Mountain View (United States) founded in 2009 by Uri Raz. It operates as a Two-Sided Marketplace. Tango has raised $373.44 million across 5 funding rounds from investors including Qualcomm, Alibaba Group and AME Cloud Ventures. Tango offers products and services including Tango Live. Tango operates in a competitive market with competitors including EloElo, GroupMe, Spoon Radio, Breakout and Niki Live, among others.
- Headquarter Mountain View, United States
- Founders Uri Raz
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Sectors
Telecommunications
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Tangome,Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$373.44 M (USD)
in 5 rounds
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Latest Funding Round
$280 M (USD), Series D
Mar 19, 2014
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Investors
Qualcomm
& 10 more
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Employee Count
Employee Count
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Products & Services of Tango
Tango offers a comprehensive portfolio of products and services, including Tango Live. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Live streaming platform for random video chats.
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Funding Insights of Tango
Tango has successfully raised a total of $373.44M across 5 strategic funding rounds. The most recent funding activity was a Series D round of $280 million completed in March 2014. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series D — $280.0M
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First Round
First Round
(19 Oct 2010)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2014 | Amount | Series D - Tango | Valuation | Alibaba Group | |
| Apr, 2012 | Amount | Series C - Tango | Valuation | Qualcomm | |
| Jul, 2011 | Amount | Series B - Tango | Valuation | DFJ |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Tango
Tango has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Qualcomm, Alibaba Group and AME Cloud Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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AME Cloud Ventures is focused on investing in data-driven technology companies.
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Founded Year | Domain | Location | |
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Investment and holding company controlled by Len Blavatnik
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Founded Year | Domain | Location | |
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US focused VC firm
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Tango
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Tango
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Tango Comparisons
Competitors of Tango
Tango operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as EloElo, GroupMe, Spoon Radio, Breakout and Niki Live, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Live social entertainment is facilitated via an app-based platform.
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| domain | founded_year | HQ Location |
Provider of group messaging application
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| domain | founded_year | HQ Location |
Online platform offering live podcast streaming solutions
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| domain | founded_year | HQ Location |
Connections through audio are facilitated on an online social platform.
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| domain | founded_year | HQ Location |
Niki Live offers a comprehensive communication app for seamless live streaming experiences.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Tango
Frequently Asked Questions about Tango
When was Tango founded?
Tango was founded in 2009 and raised its 1st funding round 1 year after it was founded.
Where is Tango located?
Tango is headquartered in Mountain View, United States. It is registered at Mountain View, California, United States.
Who is the current CEO of Tango?
Uri Raz is the current CEO of Tango. They have also founded this company.
Is Tango a funded company?
Tango is a funded company, having raised a total of $373.44M across 5 funding rounds to date. The company's 1st funding round was a Series B of $42M, raised on Oct 19, 2010.
What does Tango do?
A global live-streaming platform is operated, focusing on connecting users through random video chats. Engagement in the social media and entertainment sectors is emphasized, with solutions for real-time interaction and user connectivity worldwide.
What products or services does Tango offer?
Tango offers Tango Live.
Who are Tango's investors?
Tango has 11 investors. Key investors include Qualcomm, Alibaba Group, AME Cloud Ventures, Access Industries, and DFJ.
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