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Connecticut-based Tangoe Inc. reports it has landed a deal with telecom consulting and expense management provider Advocate Networks LLC of Atlanta to provide Advocate with its telecommunications management platform.
While no financial details of the partnership were disclosed, Orange-based Tangoe said that Advocate will use Tangoe’s CommCare Management Platform as the base for its entire portfolio of fixed and mobile telecom expense management services for enterprise customers.
Among the services that Tangoe’s CMP will help Advocate provide to its customers are expense management, wireless helpdesk support, provisioning and procurement, according to Tangoe officials.
In January, Tangoe acquired Waltham-based Internoded Inc. for an undisclosed amount. Internoded CEO Julie Palen, who founded the company in 1993 as a Lotus Domino development shop, remains a leader of what is now a division of Tangoe. Internoded was a bootstrapped maker of security and management software for business applications on smart phones. At that time, privately held Tangoe had 325 employees and projected $60 million in revenue in calendar year 2009.
Last August, Tangoe investors participated in a $13.5 million Series F round, which the company used to acquire New Jersey-based Information Strategies Group Inc., its second acquisition of 2008. According to CEO Albert Subbloie, the company plans to pursue an IPO, possibly by the first quarter of 2010.
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