[July 21, 2011] TangoMe (Tango) secures $42 million in Series B venture financing Tweet Jul 21, 2011 (Datamonitor Financial Deals Tracker via COMTEX) -- TangoMe, Inc., a US-based provider of mobile video calling service, has secured $42 million in Series B venture financing led by Draper Fisher Jurvetson. Angel investors Len Blavatnik and Alex Zubillaga also participated in the round. Deal Value (US$ Million) 42 Deal Type Venture Finance Sub-Category None Deal Status Completed: 2011-07-20 Deal Participants Target (Company) TangoMe, Inc. Deal Rationale Tango plans to use most of the funds to ramp up its team in China. [ Back To TMCnet.com's Homepage ]