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Tango
HiringHiringAttractivenessCHealth (proxy)~Cas of 6 Jun
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company intel · ai-generated
Company intel & deep analysis
Updated 1d ago
- Product
Snapshot
Tango (also known as TangoMe) was founded in 2009 by Israeli entrepreneur Uri Raz and Eric Setton. The company is headquartered in Mountain View, California, and maintains a significant R&D center in Tel Aviv, Israel. Originally launched as a cross-platform video calling application, Tango later pivoted to become a live-streaming social network. The company is privately held and has raised hundreds of millions of dollars in funding, most notably a $215M investment from Alibaba Group in 2014.
Core Activity
The company's primary product is Tango Live, a live video broadcasting platform built around a creator economy. Content creators broadcast live to a global audience, and viewers can purchase and send virtual gifts during the streams. These virtual gifts can be cashed out for real money by the creators, driving the core microtransaction-based business model of the platform. The product is B2C-focused and distributed via mobile app stores under a self-serve model.