Qualcomm Ventures helps the mobile video communications company take the total sum raised in its history to nearly $100m.
US-based chipmaker Qualcomm’s corporate venturing unit has helped Tango, a US-based mobile video communications, raise $40m.
Qualcomm Ventures was joined in the series C round by Access Industries, the industrial holding company of Russian businessman Len Blavatnik. The round takes Tango’s total funding raised to close to $100m.
Nagraj Kashyap, vice-president of Qualcomm Ventures, said: "Qualcomm recognises the importance of video on mobile devices and has been working closely with Tango’s team to help enhance video quality and performance. Tango…
