Tango is a social live-streaming platform that connects creators with audiences via live video, chat and interactive features that support monetization through virtual goods and subscriptions. The platform focuses on community engagement, low-latency streaming, and tools for creators to build recurring revenue while providing discovery, moderation and analytics that keep communities healthy. Tango invested in scalable streaming infrastructure and localization to reach global markets and partnered with strategic backers to grow distribution and payments capabilities.
What Is Tango and What Does It Do?
Tango, founded in 2009 by Eric Setton and Uri Raz, is a Mountain View–based (United States) live-streaming community platform that offers real-time video broadcasts, chat, discovery and monetization features;
Tango employs 201-500 people. The platform enables content creators to run interactive shows, accept virtual gifts, and build membership relationships with fans.
Tango’s technology emphasizes low-latency, scalable streaming, moderation tooling, and integrated payments to support creator economies across markets.
How Much Funding Has Tango Raised?
1. Series D
- Amount Raised: $280M
- Date: Mar 2014
- Lead Investors: Alibaba Group, Access Industries, AME Cloud Ventures
- Motivation: Accelerate global expansion and live-video infrastructure.
2. Series C
- Amount Raised: $40M
- Date: Apr 2012
- Lead Investors: Qualcomm, DFJ, TransLink Capital
- Motivation: Product development and early scale.
3. Series B
- Amount Raised: $42M
- Date: Jul 2011
- Lead Investors: DFJ, TransLink Capital and strategic angels
- Motivation: User acquisition and technology scaling.
Total Funding Raised: $373 Million
Current Valuation: $1 Billion (as of Feb 2016)
Latest Funding Date: Mar 2014
Key Investors
1. Alibaba Group
- Details: Global commerce and cloud conglomerate investing strategically in consumer platforms and entertainment.
- Investment Focus Areas: Commerce, cloud, media, entertainment.
- Notable Investments: Alibaba portfolio companies, Ant Group, Lazada, Alibaba Pictures.
2. DFJ (Draper Fisher Jurvetson)
- Details: Early-stage VC focused on consumer and platform plays.
- Investment Focus Areas: Consumer internet, media, connectivity.
- Notable Investments: SpaceX, Twitter (early), Tesla (early), Tango-backed ventures historically).
Where Is Tango’s Headquarters?
Tango is headquartered in Mountain View, United States, offering proximity to mobile-video engineering talent and strategic partners.
What’s Next for Tango?
Key opportunities include deepening creator monetization features, expanding low-latency streaming capabilities, and integrating richer discovery and social commerce to capture creator-driven revenue streams.
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