Tango Raises $40 Million to Vie With Skype in Video
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Tango, a startup that offers mobile-video calling, raised $40 million from investors including Qualcomm Ventures and Access Industries Inc. to help it compete with Microsoft Corp.’s Skype service.
The service, which lets users make video calls across Apple Inc. phones as well as devices that run Google Inc.’s Android and Microsoft’s Windows Mobile software, has grown to 45 million users since it began in 2010, Bloomberg.com reported on its Tech Deals blog.