Tangoe Receives Marcum Tech Top 40 Award by The Connecticut Technology Council
Seventh Annual Event to Honor Tangoe as one of 40 Fastest Growing Tech Companies in Connecticut
ORANGE, Conn.--(BUSINESS WIRE)--Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Connection Lifecycle Management (CLM) software and related services, today announces that it has made the Marcum Tech Top 40 (TT40) list of fastest growing technology companies in Connecticut. Tangoe will be honored alongside 39 other TT40 companies at an awards ceremony hosted by The Connecticut Technology Council (CTC) and Marcum LLP on October 2 at the Oakdale Theatre in Wallingford.
“Connecticut is proud of its remarkable heritage of innovation and invention. Job growth in Connecticut is going to come from the technology sector and these Tech Top 40 companies are a great example of the range of technology companies that are growing substantially in Connecticut.”
The Marcum Tech Top 40, now in its seventh year, recognizes technology leaders in six industry sectors, including Advanced Manufacturing, Energy/Environmental, Life Sciences, New Media/Internet/Telecom, IT Services, and Software. Tangoe has been named a Tech Top 40 in the IT Services category. Tangoe is a recipient of this award due to strong revenue growth of at least $3 million in annual revenue, as well as growth in each of the preceding four years.
“We are thrilled to be honored as an IT leader by the Connecticut Technology Council,” said Al Subbloie, president and CEO of Tangoe. “This recognition is a testament to our recent growth and our continued leadership position in delivering innovative technology solutions to help our customers manage their connection lifecycles.”
Bruce Carlson, CTC’s president and CEO added, “Connecticut is proud of its remarkable heritage of innovation and invention. Job growth in Connecticut is going to come from the technology sector and these Tech Top 40 companies are a great example of the range of technology companies that are growing substantially in Connecticut.”
The October 2 awards program will include an exhibition featuring the Marcum Tech Top 40 companies. One company from each of the six industry verticals will be named overall winner for demonstrating the greatest percentage growth in revenue across all the technology verticals.
About The Connecticut Technology Council
The Connecticut Technology Council is a statewide association of technology oriented companies and institutions, providing leadership in areas of policy advocacy, community building and assistance for growing companies. Speaking for 2,500 companies that employ some 200,000 residents, the Connecticut Technology Council seeks to provide a strong and urgent voice in support of the creation of a culture of innovation. This includes working to position Connecticut as a leader in idea creation, workforce preparation, entrepreneurial aptitude, early stage risk capital availability and providing on-going support and mentoring to high potential firms.
About Marcum LLP
Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Ranked #15 nationally, Marcum LLP offers the resources of 1,300 professionals, including over 160 partners, in 23 offices throughout the U.S., Grand Cayman and China. Headquartered in New York City, the Firm's presence runs deep, with full-service offices strategically located in major business markets. Marcum is a member of the Marcum Group, an organization providing a comprehensive range of professional services spanning accounting and advisory, technology solutions, wealth management, and executive and professional recruiting. The Marcum Group companies include Marcum LLP; Marcum Technology LLC; Marcum Search LLC; Marcum Financial Services LLC; Marcum Bernstein & Pinchuk LLP; and MarcumBuchanan Associates LLC.
Tangoe (NASDAQ: TNGO) is a leading global provider of Connection Lifecycle Management software and services to a wide range of global enterprises and service providers. The company’s Connection Lifecycle Management technology, Matrix, is an on-demand suite of software and services designed to turn on, manage, secure, and support various connections in an enterprise’s communications lifecycle, including mobile, fixed, machine, cloud, social, and IT. Additional information about Tangoe can be found at www.tangoe.com.
Tangoe is a registered trademark of Tangoe, Inc.