Companies · Telecommunications

Tango Networks, Inc.

FRISCO · Telecommunications

Diligence memoA one-page analyst read on Tango Networks, Inc. — recommendation, valuation, rhythm, risks.
$78.4M
Total raised · real
5
Rounds
0.1×
Latest step-up
Top 10%
Sector rank · raised
Series C
Latest stage · inferred · Mon Apr 02 2012 00:00:00 GMT+0000 (Coordinated Universal Time)

Tango Networks, Inc. looks under-valued against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the telecom sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.05× the median modeled value of Series C Telecommunications companies in 2010–2012 (8 peers) — value vs value, same stage and era.
Dormant
  • Last raise 14.2 yr ago; this sector typically re-raises about every 10 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Telecommunications

Tango Networks, Inc. is one of 929 Telecommunications companies tracked from FRISCO. By capital raised it ranks among the largest (ahead of 91% of sector peers), and mid-pack by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 06
Reg D exemption
25
Investors (latest)
2009
Year incorporated
2012-04-02
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$500M$1.0B$1.5B$2.0BSeries A · 2009-03-30 Raised $5.3M (real) Modeled valuation $93M (est)Series A2009Series A · 2009-03-30 Raised $6.2M (real) Modeled valuation $108M (est)Series A2009Series A · 2010-06-22 Raised $3.0M (real) Modeled valuation $53M (est)Series A2010Series A · 2011-04-01 Raised $4.1M (real) Modeled valuation $72M (est)Series A2011Seed · 2011-04-01 Raised $3.4M (real) Modeled valuation $74M (est)Seed2011Series C · 2011-04-01 Raised $63M (real) Modeled valuation $1.2B (est)Series C2011Series B · 2011-04-01 Raised $36M (real) Modeled valuation $686M (est)Series B2011Series C · 2012-04-02 Raised $2.2M (real) Modeled valuation $44M (est)Series C2012+$6.2M+$3.0M+$4.1M+$3.4M+$63M+$36M+$2.2MCumulative $123M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series A$5.3M · 2009
Series A extension$6.2M · 2009
Series A extension$3.0M · 2010
Series A extension$4.1M · 2011
Bridge · Series A-stage$3.4M · 2011smaller follow-on
Series C$62.9M · 2011no Series B on file
Bridge · Series C-stage$35.6M · 2011smaller follow-on
Series C extension$2.2M · 2012

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 80%.

Modeled valuation trajectory
$44.3M
Base estimate est.
$8.4M
Conservative case
$116.7M
Upside case
$14.9M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series Ca $40M–$100M round). Valuation is modeled from stage benchmarks scaled by the telecom sector profile. Directional, not a quoted figure.

Series A · modeled $93.0M · 2009-03-302009Series A · modeled $108.0M · 2009-03-30Series A · modeled $52.6M · 2010-06-22Series A · modeled $71.6M · 2011-04-01Seed · modeled $73.9M · 2011-04-01Series C · modeled $1.2B · 2011-04-01Series B · modeled $685.9M · 2011-04-01Series C · modeled $44.3M · 2012-04-022012
Model inputs · modeled:benchmark-stage-stepup-v1
15%
Dilution assumption
Implied ownership sold in the financing.
76%
Survival probability
56% low · 87% high
1.26×/yr
Annual markup
1.44×/yr upside case
6.0 yr
Elapsed time used
14.3 yr actual, capped for stale marks
telecom
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
5 mo
Avg between rounds
$26.1M/yr
Capital velocity
17.3 yr
On record since
2009
First round
8
Rounds on file
How it compares to the market

Benchmarked against 929 companies in Telecommunications. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 20× above median
This company$78.4M
Sector median$4.0M
Latest round — vs other Series C rounds in sector (real $, this stage) 0.0× of median
This company$2.2M
Sector median$48.2M
Modeled value — vs sector median (estimate, all stages) 1.6× above median
This company$44.3M
Sector median$28.3M

Raised more than 91% of sector peers (real $). Modeled value above 58% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series C) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #7 of 8.

This companyCohort peer
$1.0M$10.0M$100.0M$1.0B$10.0B$10.0M$100.0M$1.0BCapital raised (log)Satelites Mexicanos Sa De Cv · Series C Raised $96.3M · modeled $1.9B (est)Aliphcom · Series C Raised $157.4M · modeled $1.3B (est)Cequel Data Centers, LLC · Series C Raised $49.0M · modeled $973.1M (est)Trilogy International Partners LLC · Series C Raised $44.4M · modeled $880.8M (est)Reply! Inc · Series C Raised $48.3M · modeled $814.4M (est)Telecom Transport Management Inc · Series C Raised $71.1M · modeled $79.4M (est)Caribe Spectrum Holdings, Inc. · Series C Raised $77.6M · modeled $2.7M (est)Tango Networks, Inc. (this company) Raised $78.4M · modeled $44.3M (est)Tango Networks, Inc.
CompanyStageRaised · realValue · estvs peer med.
Satelites Mexicanos Sa De CvSeries C$96.3M$1.9B2.26×
AliphcomSeries C$157.4M$1.3B1.50×
Cequel Data Centers, LLCSeries C$49.0M$973.1M1.15×
Trilogy International Partners LLCSeries C$44.4M$880.8M1.04×
Reply! IncSeries C$48.3M$814.4M0.96×
Telecom Transport Management IncSeries C$71.1M$79.4M0.09×
Tango Networks, Inc. this companySeries C$78.4M$44.3M0.05×
Caribe Spectrum Holdings, Inc.Series C$77.6M$2.7M0.00×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series A$5.3M2009-03-30$24.1M$93.0M85%
Series A$6.2M2009-03-30$28.0M$108.0M85%
Series A$3.0M2010-06-22$13.6M$52.6M85%
Series A$4.1M2011-04-01$18.6M$71.6M85%
Seed$3.4M2011-04-01$17.2M$73.9M85%
Series C$62.9M2011-04-01$419.4M$1.2B90%
Series B$35.6M2011-04-01$198.0M$685.9M90%
Series C$2.2M2012-04-02$14.9M$44.3M85%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series A$5.3M2009-03-30
    • First recorded raise — entered as Series A.
    • 5 investors on this round.
  2. Series A$6.2M2009-03-30
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 29 investors on this round.
  3. Series A$3.0M2010-06-22
    • Raised 15 mo later, in step with the ~10 mo sector norm.
    • Round 2.1× smaller than the prior — bridge or down round.
    • 15 investors on this round.
  4. Series A$4.1M2011-04-01
    • Raised 9 mo later, in step with the ~10 mo sector norm.
    • Round 1.4× larger than the prior — scaling up.
    • 29 investors on this round.
  5. Seed$3.4M2011-04-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 24 investors on this round.
  6. Series C$62.9M2011-04-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 18.3× larger than the prior — scaling up.
    • Switched to Rule 506(b) (was Rule 06).
    • 87 investors on this round.
  7. Series B$35.6M2011-04-01
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round 1.8× smaller than the prior — bridge or down round.
    • 71 investors on this round.
  8. Series C$2.2M2012-04-02
    • Raised 12 mo later, in step with the ~10 mo sector norm.
    • Round 16.0× smaller than the prior — bridge or down round.
    • Switched to Rule 06 (was Rule 506(b)).
    • 25 investors on this round.
Intelligence
2012 ~Q3
Modeled next raise · ~5mo cadence
$2.2M
Modeled next size est.range $2.2M$3.6M
0.1×
Last step-up
$26.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Nigel Jones3 other2009-03
Gene Levy2 other2009-03
Alastair Westgarth1 other2009-03
Andrew Silver1 other2009-03
Adam J Bartek2011-04
Andrew J Silver2011-04
Bill Fowler2009-03
Brenda Boehm2012-04
Douglas J Bartek2011-04
Glenn Etherington2009-03
Mark J Zappala2011-04
Nigel J Jones2011-04
Ty Beard2009-03
Ty J Beard2011-04
Registry & provenance

Tango Networks, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1459426
SEC CIK
2009
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Mutualink IncTelecommunicationsSeries C$86.3M$9.6Msame sector · same stage
Smith Micro Software, Inc.TelecommunicationsSeries A$78.5M$13.2Msame sector
Acoustic Technologies, Inc.Other TechnologySeries A$27.7M$221.2Mnetwork2 shared operators
Alianza IncTelecommunicationsSeries B$84.0M$66.4Msame sector
Atento Luxco 1 S.A.TelecommunicationsSeries B$88.6M$24.1Msame sector
Starship Technologies Holdings, Inc.Software / TechSeries C$183.7M$910.8Mnetwork1 shared operator · same stage
Blues Wireless Inc.TelecommunicationsSeries B$66.2M$38.8Msame sector
Phenix Real Time Solutions, Inc.TelecommunicationsSeries B$60.4M$21.7Msame sector
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Tango Tango, Inc.TelecommunicationsSeries A$20.6M97%
Juniper Networks IncTelecommunicationsSeries D+$78.1M86%
Relativity Networks, Inc.TelecommunicationsSeed$2.3M84%
Ribbon Communications Inc.TelecommunicationsSeries C$638.3M84%
Opanga Networks, Inc.TelecommunicationsSeries B$1.0M83%
Verana Networks, Inc.TelecommunicationsSeries A$158.6M83%
Codero Holdings, Inc.TelecommunicationsSeries B$202.0M83%
WireSurfer, Inc.TelecommunicationsPre-Seed$675K83%
Frequently asked
How much funding has Tango Networks, Inc. raised?
Tango Networks, Inc. has raised approximately $78.4M in disclosed capital across 5 recorded financing rounds, aggregated from public filings.
What is Tango Networks, Inc.'s estimated valuation?
Provath's modeled valuation for Tango Networks, Inc. is approximately $44.3M (modeled range $8.4M–$116.7M). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Tango Networks, Inc. at?
Tango Networks, Inc.'s latest modeled financing stage is Series C. Its most recent recorded round closed around Mon Apr 02.
What does Tango Networks, Inc. do and where is it based?
Tango Networks, Inc. operates in the Telecommunications sector, based in FRISCO.
Explore related

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