Invest Cyprus welcomes the decision of TangoMe, a top US provider of consumer services and software applications, to open offices in Cyprus. Internationally acclaimed tech company TangoMe, which was founded in Mountain View in California in 2009, announced plans to open a Limassol office with large numbers of employees moving to Cyprus.
TangoMe Inc. raised USD300m in funding and has an annual revenue estimate of USD350m. It will transfer highly skilled positions to Cyprus, including data architects, software developers, and mobile engineers. The company currently has more than 60 employees in Cyprus and plans to hire over 100 by the end the current year.
George Campanellas is the Chief Executive of Invest Cyprus. He stated: “The decision of TangoMe in Limassol to be its new office location was a resounding vote in confidence in Cyprus. It proves our credibility and as a “tech Island”, a destination which allows tech companies to set up operations here, reach new markets, and grow in size.
The chairman and founder at TangoMe Inc. Uriraz said that the new Limassol location was another step in their strategic expansion. For ambitious tech companies such as ours, Cyprus is a good choice for establishing a base in Europe.
“Our Cyprus manager Alex Eshchenko is one of the most senior Tango employees, having joined the firm in 2015. His mission is to make the Cyprus branch of Tango one of the most important.
Raz said, “We view our people as our greatest asset, and I am certain that with all of the benefits that Cyprus offers, we will enable our employees, from our top-level developers to our support personnel, to be inspired and create value for our company.”
“Invest Cyprus’ aftercare and facilitation service has been very helpful. It was able to act like our partner on ground during the entire setting up process. We are grateful for their continued support to help us take advantage of significant growth opportunities in Cyprus.
The geographical location of Cyprus at the crossroads between Europe, Asia, and Africa makes it an ideal destination for technology and business investments.
About Invest Cyprus
Invest Cyprus (Cyprus Investment Promotion Agency), is the investment promotion agency of Cyprus. It works to attract and facilitate foreign direct investment. Invest Cyprus works closely with all governmental agencies and public institutions as well as the private sector, international experts and other experts to establish Cyprus as a top-tier investment destination. Invest Cyprus’ mission is to increase awareness about Cyprus as a destination for FDI around the world, provide certainty about all aspects of running a business in Cyprus, and support potential investors in developing their investment case into the country. Please click here.
About Tango Me
Tango is a live streaming platform that inspires streamers to grow and manage their virtual empire. Tango is the most popular platform in this exciting new space. It uses state-of-the art live video and messaging and is powered by a digital economy. Tango is a leading company in creative entertainment. It employs over 400 people across the United States, Israel and Cyprus. Click here for more information.
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