Flush With Funding, Video Chat Service Tango Has Social Network Ambitions

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).

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