Flush With Funding, Video Chat Service Tango Has Social Network Ambitions
Posted by Sarah Perez, under Communications, Fundings & Exits, Phone, Social, startups, Tango, TC
Video chat service Tango is moving in a new direction, and this week, the company closed a round of $40 million in Series C funding which will help it get there. Today, many think of Tango’s service as an up-and-coming Skype competitor, as it, too, is about real-time communication, specifically video calling, between users. But the comparison to Skype may no longer be apt. Tango is working towards becoming a more social service – something more akin to the micro social network Path, in fact.
On the roadmap are several new social features, some of which make sense for a phone replacement utility (like text messaging), others which seem more like a shift to a social network (like exchanging photos).