Wednesday, April 1, 2009

Tango Networks Grabs $5.3M

Richardson-based Tango Networks disclosed Tuesday in a regulatory filing that it has raised $5.3M in a first tranche of a $10M funding round. Details of the funding were not disclosed. Tango Network is developing unified communications (UC) products targeted at the enterprise. According to the filing, the funding came on March 30th. Tango Networks has previously raised funding from Meridian Capital, Motorola, Nortel, Signature Capital, and TWJ Capital. More information »