About Tungle
Tungle is a Technology company based in Montreal (Canada) founded in 2006, and was acquired by Blackberry in April 2011. Enterprise meetings are scheduled online across calendars and time zones. Tungle has raised $6.36 million across 2 funding rounds from investors including Blackberry, Desjardins and Commonwealth Capital Ventures. The company was acqui-hired. Its focus areas include Enterprise Applications, Enterprise Collaboration, Meeting Collaboration and Meeting Scheduling.
Company details
Web platform providing organizations to schedule meetings across organizations, calendar systems, and time zones. Automatically syncs with the calendar of Outlook, Google Calendar, Apple iCal, Entourage for Mac, and Lotus Notes. Provides the service for free. Available as a mobile app through Blackberry and iPhone. Acquired by BlackBerry on April, 2011.
- Headquarters Montreal, Canada
- Stage Acquired
- SectorsTechnology
- Website tungle.me
- Social LinkedIn X
- Acquired by Blackberry (Apr 2011)
- Total Equity Funding$6.36M (USD)
in 2 rounds
- Latest Funding Round$5M (USD), Series B
Oct 2008
- InvestorsBlackberry
& 3 more
- Acquired byBlackberry
(Apr 2011)
Funding Insights of Tungle
Tungle has successfully raised a total of $6.36M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in October 2008. 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 $6.36M
- Total Rounds 2
- Last Round Series B — $5M
- First Round $1.36M
(May 2007)
- Investors Count 3
All 2 funding rounds of Tungle with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2008 | $5M | Series B | – | – | |
| May 2007 | $1.36M | Series A | – | – |
4 investors in total: 4 institutional.
Investors in Tungle
Tungle has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Blackberry, Desjardins and Commonwealth Capital Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech & offline focused VC firm investing in early & growth stage startups in the US | commonwealthvc.com | Woburn, United States | ||
Early-stage venture capital investments are provided by Relay Ventures. | relayventures.com | Toronto, Canada | ||
Financial services are provided cooperatively to members in Canada. | 1900 | desjardins.com | Levis, Canada | |
Endpoint security and enterprise software solutions are provided. | 1984 | blackberry.com | Waterloo, Canada |
Investor details for Tungle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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Timeline of Tungle
4 dated milestones of Tungle across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Tungle is founded.
- Funding First funding round of $1.4M.
- Funding Latest funding round, Series B, of $5.0M.
- Exit Acquired by Blackberry.
Web traffic of Tungle
Websites that share an audience with Tungle (tungle.me).
Websites whose visitors overlap most with Tungle. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mashable.com | 100% | 14.9M | #5,924 | View details | |
| mindmeister.com | 86% | #26,625 | View details | ||
blog.gnu-designs.com | blog.gnu-designs.com | 78% | – | ||
tunngle.net | tunngle.net | 44% | – |
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Frequently Asked Questions about Tungle
Tungle was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Tungle is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Tungle is a funded company, having raised a total of $6.36M across 2 funding rounds to date. The company's 1st funding round was a Series A of $1.36M, raised on May 2007.
Web platform providing organizations to schedule meetings across organizations, calendar systems, and time zones. Automatically syncs with the calendar of Outlook, Google Calendar, Apple iCal, Entourage for Mac, and Lotus Notes. Provides the service for free. Available as a mobile app through Blackberry and iPhone. Acquired by BlackBerry on April, 2011.
Tungle has 4 investors. Key investors include Blackberry, Desjardins, Commonwealth Capital Ventures, and Relay Ventures.
Yes. Tungle was acquired by Blackberry in April 2011.