Tango Names Eric Setton Chief Executive Officer

News provided by

Jan 06, 2016, 04:09 ET

MOUNTAIN VIEW, Calif., Jan. 6, 2016 /PRNewswire/ -- Tango, a mobile messaging service with more than 350 million users, this morning announced the appointment of co-founder Eric Setton as chief executive officer. Setton, who has been the company's chief technology officer, succeeds Tango co-founder Uri Raz, who becomes executive chairman.

The appointments are effective immediately.

"I have worked alongside my co-founder Eric for 8 years, and throughout this time I've seen him grow and become a true leader," Raz said. "I've served as a founder and CEO for over 28 years - half of my life – and I believe it is time for me to pass the torch to the younger generation - a generation with bright leaders and a bright future."

Raz will continue to provide counsel to the Tango management team, while playing a key role on strategic accounts and corporate development.

"When we started Tango, my wife was pregnant with our first child and I had the dream that we'd be able to create a product to bridge the distance between our future baby and our family back in France," Setton said. "This product exists today - it's Tango. Thanks to Tango, millions of families around the world can feel closely connected, wherever they are. They can call each other for free, they can see each other, they can share pictures with each other on their phones and on their tablets. And there is a lot more to come in 2016 and beyond."

About Tango
Founded in 2009, TangoMe Inc. is the developer of Tango, a free mobile messaging app with more than 350 million registered members who enjoy free video and voice calls, texting, social discovery, browsing and sharing content with one another. As a Top 100 free app on Android and iTunes, Tango continues to grow rapidly. The company works with third-party game developers, brands, content publishers, and advertisers to provide distribution, integration opportunities and advertising. Tango is cross-platform, operating over 3G, 4G and Wi-Fi, and is available in 15 languages in more than 224 countries. TangoMe Inc. is a privately-held company headquartered in Mountain View, California. The company has raised $367 million in venture capital financing to date and also has offices in Austin, Texas; St. Petersburg, Russia; and Beijing. Visit www.tango.me for more information.

Media Contact
Kim Pahimulin
[email protected]

SOURCE Tango