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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
Social
X
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
Ranked
Annual Revenue
$100M - $500M as on Dec 31, 2014
Employee Count
1,695 as on Mar 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Marlin Equity Partners (Apr 28, 2017)

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:lockFilter 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
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Tangoe's founders and board of directors

Founder? Claim Profile
The founders of Tangoe is Albert Subbloie. James Parker is the CEO of Tangoe.
Here are the details of Tangoe's key team 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:
Employee count trend for Tangoe
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Apptio
Apptio
2007, Bellevue (United States), Acquired
Cloud spend management platform for enterprises
$136M
75/100
2nd
Logo for Vendr
Vendr
2018, Boston (United States), Acquired
Provider of software pricing data and negotiation insights for buyers
$216M
71/100
3rd
Logo for Anodot
Anodot
2014, Ra anana (Israel), Acquired
AI based cost management platform
$65.5M
71/100
4th
Logo for Zluri
Zluri
2020, San Francisco (United States), Series B
Provider of SaaS management, access management, and access review solutions
$32.5M
69/100
5th
Logo for Orb
Orb
2019, San Francisco (United States), Acquired
Platform offering infrastructure monitoring solutions
$44.1M
69/100
6th
Logo for Zylo
Zylo
2015, Indianapolis (United States), Series C
Platform offering SaaS applications management solutions
$72.5M
68/100
7th
Logo for Flexera
Flexera
2008, Itasca (United States), Acquired
Provider of IT management solutions for cloud, SaaS, and data centers
$5.76M
66/100
8th
Logo for Sastrify
Sastrify
2020, Cologne (Germany), Acquired
AI-powered platform designed for IT teams to manage software
$45.3M
65/100
9th
Logo for BetterCloud
BetterCloud
2011, New York City (United States), Series G
SaaS applications management solutions provider
$187M
64/100
10th
Logo for Virtana
Virtana
2008, San Jose (United States), Series C
AI based infrastructure management solution
$140M
64/100
12th
Logo for Tangoe
Tangoe
2000, Boulevard (United States), Acquired
Cloud based platform offering IT expense life cycle management software
$34.2M
61/100
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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:lockFilter 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)
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See all acquisitions by Tangoe

Reports related to Tangoe

Here is the latest report on Tangoe's sector:

News related to Tangoe

lockFilter this list
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.
Tangoe Joins the FinOps FoundationBusiness WireSep 11, 2023Tangoe, FinOps
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