T
Tangoe
Lifecycle management software and related services
About Tangoe
Tangoe operates as a technology lifecycle management platform, providing software and services to help enterprises manage their IT and telecommunication expenses. Founded in 2000 by Albert Subbloie, the company aimed to address the significant costs businesses faced with telecom assets and services. It began as a telecom expense management (TEM) provider and has since expanded its offerings through strategic acquisitions, including MOBI Wireless Management in 2018. Tangoe had its initial public offering in 2011 before being taken private in 2017 by Marlin Equity Partners, which then combined Tangoe with its portfolio company, Asentinel.
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The company's core business revolves around providing a unified, AI-powered platform that simplifies the management of complex technology environments for its clients. This platform addresses three main areas: Telecom Expense Management (TEM), Managed Mobility Services (MMS), and Cloud Expense Management (CEM). Its services cater to large enterprises, particularly those with over 10,000 employees, helping IT, finance, and procurement teams gain visibility and control over their technology spending. The business model is primarily subscription-based, offering its platform as a cloud-hosted solution (SaaS) supplemented by managed services and consulting.
Tangoe's platform offers a comprehensive suite of features designed to optimize costs and resources. For telecom, it manages everything from invoice processing and audits to contract negotiations. The MMS solution covers the entire mobile device lifecycle, including procurement, provisioning, security policy enforcement, and device recycling. In the cloud domain, the platform provides FinOps tools to optimize spending on IaaS, PaaS, and SaaS by identifying overprovisioning and providing insights for smarter purchasing decisions. A key selling point is the use of AI and automation to process invoices, manage assets, and identify savings opportunities, with over 70 patents related to its technology. Tangoe manages a substantial volume of IT spend for its global client base and supports numerous carriers and currencies worldwide.
At a glance
- Status
- Operational
- Founded
- 2000
- Headquarters
- Parsippany-Troy Hills, United States
- Employees
- 1,685
- Open positions
- 2
- Dealroom signal
- 65.3/100
- Industry
- Enterprise Software
- Sector
- Other B2B Software, Advisory, Financial Management, See Cost Management
- Business model
- SaaS
- Client focus
- b2b
- Investment activity
- 5 companies, latest Feb 2012
- Capital deployed
- —
- Preferred round
- ACQUISITION
Latest news
Press, funding announcements and product moves mentioning Tangoe.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| IPO✓Exit | Jul 2011 | $88M | — | Undisclosed | — |
| SERIES F✓Equity / VC | Sep 2008 | $14M | $54M | Investor Growth Capital | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Tangoe is 40K monthly website visits, up 8.1% over the last three months. Tangoe's team declined 1.9% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Anomalous NetworksMontreal, CanadaVoice and Data Management for Fixed and Mobile Traffic
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PR
ProfitLineSan Diego, United StatesEnterprise IT Expense Management | Tangoe, Inc.
$243Mvaluation
IN
InterNodedWaltham, United StatesEnterprise IT Expense Management | Tangoe, Inc.
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IG
Information Strategies GroupParsippany-Troy Hills, United StatesRecognized leader in providing telecommunications and information technology expense management solutions
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Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
Edison Partners
Series B and later2 investors entered at this stage
- NCNorth Atlantic Capital
Investor Growth Capital
Other known investors1 additional known investor
Marlin Equity Partners
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Tangoe on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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