Tangoe - About the company
Tangoe is an acquired company based in Boulevard (United States), founded in 2000 by Albert Subbloie. It operates as a Cloud based platform offering IT expense life cycle management software. Tangoe has raised $34.2M in funding, with last known valuation of $*****. The company has 310 active competitors, including 63 funded and 43 that have exited. Its top competitors include companies like Apptio, Vendr and Anodot.
Company Details
Cloud based platform offering IT expense life cycle management software. Using this platform customers can manage mobility assets, IT, telecom, and cloud. Matrix Telecom provides expense management invoice processing, auditing, dispute resolution, contract management, usage management, and more. It enables user access to a subscripiton-based pricing module.
- Website
- tangoe.com
- Registered Address
- Shelton, Connecticut
Key Metrics
Founded Year
2000
Location
Boulevard, United States
Stage
Acquired
Total Funding
$34.2M in 10 rounds
Latest Funding Round
Last Known Valuation
$***** as on Apr 28, 2017
Investors
Ranked
12th among 310 active competitors
Annual Revenue
$100M - $500M as on Dec 31, 2014
Employee Count
1,695 as on Mar 31, 2026
Exit Details
Acquired by Marlin Equity Partners (Apr 28, 2017)
Legal entities associated with Tangoe
Tangoe is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Tangoe, Inc. CIN: 61571143 , United States, Active | Dec 31, 1999 | - | 381 (As on Dec 31, 2024) | - |
TANGOE INC CIN: 1182325 , United States, Active | $100M - $500M (As on Dec 31, 2014) | 768 (As on Dec 31, 2021) | - | |
TANGOE INDIA SOFTEK SERVICES PRIVATE LIMITED CIN: U72200KA2012PTC064728 , India, Active | Jul 05, 2012 | ₹50 - ₹100 Cr (As on Mar 31, 2025) | 442 (As on Sep 30, 2024) |
Tangoe's acquisition details
Tangoe got acquired by Marlin Equity Partners on Apr 28, 2017 at an acquisition amount of $*****.
Click here to take a look at Tangoe's acquisition in detail
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Tangoe's funding and investors
Tangoe has raised a total funding of $34.2M over 10 rounds. Its first funding round was on 2002. Tangoe has 12 institutional investors.
Here is the list of recent funding rounds of Tangoe:
Filter this list
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 2009 | 9624057 | Series F | 3507107 | 3802377 | 8639329 | 5259174 |
Aug 2008 | 1662383 | Series F | 7640308 | 3742371 | 8762894 | |
2008 | 2586 | Series F | 7277 | 8693 | 4109 |
View details of Tangoe's funding rounds and investors
Tangoe's founders and board of directors
Founder? Claim ProfileThe founders of Tangoe is Albert Subbloie. James Parker is the CEO of Tangoe.
Here are the details of Tangoe's key team members:
- Albert Subbloie: Former Founder & CEO of Tangoe.
View details of Tangoe's Founder profiles and Board Members
Tangoe's employee count trend
Tangoe has 1,695 employees as of Mar 26. Here is Tangoe's employee count trend over the years:
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Tangoe's Competitors and alternates
Top competitors of Tangoe include Apptio, Vendr and Anodot. Here is the list of Top 10 competitors of Tangoe, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Apptio 2007, Bellevue (United States), Acquired | Cloud spend management platform for enterprises | $136M | 75/100 | |
2nd | Vendr 2018, Boston (United States), Acquired | Provider of software pricing data and negotiation insights for buyers | $216M | 71/100 | |
3rd | AI based cost management platform | $65.5M | 71/100 | ||
4th | Zluri 2020, San Francisco (United States), Series B | Provider of SaaS management, access management, and access review solutions | $32.5M | 69/100 | |
5th | Orb 2019, San Francisco (United States), Acquired | Platform offering infrastructure monitoring solutions | $44.1M | 69/100 | |
6th | Zylo 2015, Indianapolis (United States), Series C | Platform offering SaaS applications management solutions | $72.5M | 68/100 | |
7th | Flexera 2008, Itasca (United States), Acquired | Provider of IT management solutions for cloud, SaaS, and data centers | $5.76M | 66/100 | |
8th | AI-powered platform designed for IT teams to manage software | $45.3M | 65/100 | ||
9th | BetterCloud 2011, New York City (United States), Series G | SaaS applications management solutions provider | $187M | 64/100 | |
10th | Virtana 2008, San Jose (United States), Series C | AI based infrastructure management solution | $140M | 64/100 | |
12th | Tangoe 2000, Boulevard (United States), Acquired | Cloud based platform offering IT expense life cycle management software | $34.2M | 61/100 |
Looking for more details on Tangoe's competitors? Click here to see the top ones
Tangoe's Investments and acquisitions
Tangoe has not made any investments yet. Tangoe has made 7 acquisitions.Here is the list of latest three $acquisitions:
Filter this list
Date of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Dec 05, 2018 | Acquisition | 2008 | Indianapolis (United States) | |
May 07, 2015 | Acquisition | 1999 | Fairfax (United States) | |
Feb 21, 2012 | Acquisition | 2001 | Cambridge (United Kingdom) |
See all acquisitions by Tangoe
Reports related to Tangoe
Here is the latest report on Tangoe's sector:
News related to Tangoe
Media has covered Tangoe for a total of 4 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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Tangoe Accelerates into 2026 with Strong Bookings Growth and Expanding Customer MomentumBusiness Wire•Jan 22, 2026•Tangoe
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Tangoe and Kubex Partner for Advanced Cloud and Kubernetes OptimizationAiThority•Jan 20, 2026•Tangoe, Nutanix
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Tangoe Wins InfoWorld’s Technology of the Year Award 2025 for Cloud Cost ManagementBusiness Wire•Dec 15, 2025•Tangoe
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Tangoe Recognized as a 2025 Stratus Award Winner for Cloud Innovation for Second YearBusiness Wire•Sep 23, 2025•Tangoe
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Tangoe Recognized as 2024 Mobile Device Management Provider of the Year by Mobile Breakthrough AwardsBusiness Wire•Oct 24, 2024•Tangoe
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Tangoe Honored with 2024 Stratus Award for Top Cloud Managed ServiceBusiness Wire•Sep 18, 2024•Tangoe
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Tangoe Named a Visionary in the 2023 Gartner® Magic Quadrant™ for Managed Mobility Services, GlobalTullahoma News•Aug 05, 2023•Tangoe
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