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Tangoe Takes $8M in Series E Round

Wednesday, November 29, 2006 6:00:00 AM PDT | VentureDeal Staff

ORANGE, CT --  Tangoe Inc. has closed on a fifth round of financing in the amount of $8 million, led by North Atlantic Capital of Portland, Maine.

Edison Venture Funds, Axiom Venture Partners and other existing investors also contributed to the round.

Tangoe develops enterprise telecom expense management software.  The company intends to use the funds to expand its managed-service practice and its wireless offerings.

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