Inc. 500 Firm Secures $8 Million in Venture Capital

 

Nov. 30, 2006 -- Tangoe, an Orange, Conn.-based communications-expense management firm, closed an $8 million venture-capital deal on Wednesday, the company said.

The funding was led by a $6 million investment from North Atlantic Capital, which specializes in funding late stage technology-enabled business services.

Tangoe made $9.7 million in revenue last year and ranked No. 105 on the 2006 Inc. 500 list of the nation's fastest growing private companies.

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