MOUNTAIN VIEW, Calif. -- Tango, a leader in mobile messaging services, today announced it has closed a $280 million round of funding. The latest round was led by the Alibaba Group at $215 million with the additional $65 million coming from some of Tango’s prior investors.
Tango has been built on a foundation of mobile messaging features which include free video and voice calling and texting available cross-platform over 3G, 4G, and Wi-Fi. Over the past year, Tango has evolved into a next generation mobile messaging app that blends communication, social networking and content into a single platform.
“We are thrilled to bring on Alibaba as a strategic investor,” said Tango CEO and Founder Uri Raz. “Alibaba is a renowned disruptive innovator, and their investment in Tango is a testament to our strategy and a clear indication of the future potential of how content and services will be delivered to consumers.”
Light Reading founder Steve Saunders recently visited the University of North Carolina Charlotte (UNCC) where Cisco's Tetration application is providing data center analytics, simplifying SDN, helping with cloud migration and overseeing white-list security policy.
A CSP's digital transformation involves so much more than technology. Crucial – and often most challenging – is the cultural transformation that goes along with it. As Sigma's Chief Technology Officer, Catherine Michel has extensive experience with technology as she leads the company's entire product portfolio and strategy. But she's also no stranger to merging technology and culture, having taken a company — Tribold — from inception to acquisition (by Sigma in 2013), and she continues to advise service providers on how to drive their own transformations. This impressive female leader and vocal advocate for other women in the industry will join Women in Comms for a live radio show to discuss all things digital transformation, including the cultural transformation that goes along with it.