Tangoe is a global provider of connection lifecycle management, or CLM, software and services to a wide range of global enterprises and service providers. CLM covers the entire spectrum of an enterprise's connection-based assets and services, such as voice and data services, mobile devices and usage, cloud software, infrastructure and services, machine-to-machine connections, enterprise social and information technology connections, and encompasses the entire lifecycle of these assets and services, including planning and sourcing, procurement and provisioning, inventory and usage management, mobile device management, or MDM, real-time telecommunications expense management, or rTEM, invoice processing and payment, expense allocation and accounting, and asset decommissioning and disposal. 

The Company's on-demand Matrix Solution Suite is a suite of software designed to manage IT expenses and to manage and optimize the complex processes and expenses associated with connection lifecycle management. Tangoe's Matrix Solution Suite and related services have historically focused on enterprises' fixed and mobile connections, and related assets, usage, expenses and analytics. The Company has and continues to enhance and expand its software and service offerings by developing and implementing additional capabilities, including capabilities designed to manage the entire range of an enterprise's IT expenses, and to turn on, track, manage, secure and support various connections in an enterprise's connection lifecycle, such as cloud software, infrastructure and services, machine-to-machine, enterprise social and information technology connections.

Type
Public
HQ
Orange, US
Founded
2000
Size (employees)
2,339 (est)
Website
tangoe.com
Tangoe was founded in 2000 and is headquartered in Orange, US

Tangoe Office Locations

Tangoe has offices in Orange, Alpharetta, Austin, Columbus and in 13 other locations
Orange, US (HQ)
35 Executive Blvd
Newtown, US
12 Turnberry Ln
Stuttgart, DE
2 Curiestraße
Sydney, AU
201 Sussex St
Melbourne, AU
50 120 Collins St
Dresden, DE
26 Liebigstraße
Show all (17)

Tangoe Financials and Metrics

Tangoe Financials

Tangoe's revenue was reported to be $212.5 m in FY, 2014
USD

Revenue (Q3, 2015)

56.6 m

Gross profit (Q3, 2015)

28.4 m

Gross profit margin (Q3, 2015), %

50%

Net income (Q3, 2015)

(4.5 m)

EBIT (Q3, 2015)

(3.6 m)

Market capitalization (13-Jul-2017)

247.2 m

Closing share price (13-Jul-2017)

6.4

Cash (30-Sep-2015)

36.6 m
Tangoe's current market capitalization is $247.2 m.
USDFY, 2013FY, 2014

Revenue

188.9 m212.5 m

Revenue growth, %

12%

Cost of goods sold

85 m97.5 m

Gross profit

103.9 m115 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Revenue

47.6 m50.4 m52.7 m54.5 m53.5 m54.5 m56.6 m

Cost of goods sold

21.3 m23.7 m24.2 m25.5 m23.9 m25.7 m28.2 m

Gross profit

26.3 m26.7 m28.5 m29 m29.6 m28.8 m28.4 m

Gross profit Margin, %

55%53%54%53%55%53%50%
USDFY, 2013FY, 2014

Cash

43.2 m51.3 m

Inventories

4.5 m5.9 m

Current Assets

91 m114.1 m

Goodwill

66 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Cash

42.3 m46.1 m45.7 m48.9 m52.5 m36.4 m36.6 m

Current Assets

88.1 m96.7 m102.3 m107.3 m122 m105.9 m109.7 m

Goodwill

66 m

Total Assets

198.1 m203.1 m207.5 m210.2 m220.7 m225.5 m227.7 m
USDFY, 2013FY, 2014

Net Income

5 m2.9 m

Depreciation and Amortization

10.5 m9.8 m

Accounts Receivable

(5.1 m)

Inventories

(407 k)5.9 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015

Net Income

1.6 m(267 k)(403 k)935 k252 k(2.3 m)(6.8 m)

Depreciation and Amortization

2.6 m2.6 m2.5 m2.3 m2.1 m4.5 m7.1 m

Accounts Receivable

(1.2 m)(4.8 m)

Accounts Payable

(1.2 m)1.2 m
USDY, 2015

Revenue/Employee

24.2 k

Financial Leverage

1.2 x
Show all financial metrics

Tangoe Market Value History

Tangoe Median Salaries

Source: 39 public H-1B filings from Tangoe

Tangoe's Web-traffic and Trends

Tangoe Online and Social Media Presence

Tangoe News and Updates

Marlin acquires Tangoe in take-private deal

Marlin Equity has acquired Tangoe, a provider of expense management software, for $6.50 per share in a take-private acquisition. Marlin has merged Tango with portfolio company Asentinel LLC, a provider of tech lifecycle management solutions. The newly combined company will be based in Parsippany, Ne…

Tangoe Company Life and Culture

You may also be interested in