Tangoe Receives Marcum Tech Top 40 Award

9/24/15

ORANGE, Conn.--(BUSINESS WIRE)--The Connecticut Technology Council (CTC) and Marcum LLP today announced Tangoe has made the 2015 Marcum Tech Top 40 list of the fastest growing technology companies in Connecticut. Tangoe will be honored at an awards ceremony at the Wallingford Theater this evening.

The Marcum Tech Top 40, now in its 8th 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 company in the software 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.

“Being honored as an IT leader by the Connecticut Technology Council eight years in a row is a testament to our continued growth, strength of our company and the solutions we provide to customers,” said Al Subbloie, president and CEO of Tangoe. “Most importantly we’d like to thank our customers, who continue to be the reason we strive to provide innovative solutions for the enterprise.”

“The annual Marcum Tech Top 40 is a showcase for the exceptional ingenuity and drive of Connecticut’s fastest growing technology companies,” said Anthony P. Scillia, Partner-in-Charge, Marcum New England. “Marcum is extremely proud to partner with the Connecticut Technology Council on this outstanding program each year, and we extend our most enthusiastic congratulations to all the winners.”

“The 2015 Marcum Tech Top 40 winners have all achieved significant success managing a multitude of operational challenges including capital-raising, complex revenue reporting, intellectual property protection and international expansion. Whether they are private enterprises or Fortune 500 companies, they all provide a model for others aspiring to their achievements,” said Michael K. Brooder, Partner-in-Charge of Marcum’s Hartford office and a member of the Firm’s Technology Practice group.

Bruce Carlson, CTC’s President & CEO, added, “It is exciting to see that we have fast growing companies across multiple technology verticals in Connecticut. This speaks to the management and creativity of the companies as well as the high quality of their workforces. The fact that we see a mix of returning companies and new entrants every year tells us that Connecticut remains a place where technology companies can start, grow and thrive.”

This year’s event sponsors include: title sponsor Marcum LLP, Geomatrix Productions, Pullman & Comley LLC, Webster Bank, Capital One Bank, The Chubb Group of Insurance Companies, Comcast Business, Frontier Communications, HB Live, UK Trade & Investment, Business New Haven, The Fairfield County Business Journal and The Hartford Business Journal.

Tonight’s awards program will include an exhibition featuring the Marcum Tech Top 40 companies. Six category winners will be announced, and one company will be named overall winner for demonstrating the greatest percentage growth in revenue across all the technology verticals. To register to attend, visit the CTC website.

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. For more information, visit www.ct.org.

About Marcum LLP

Marcum LLP is one of the largest independent public accounting and advisory services firms in the United States. Headquartered in New York City, Marcum LLP offers the resources of 1,300 professionals, including more than 160 partners, in 23 full-service offices in major business markets throughout the U.S., Grand Cayman and China. 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 Staffing LLC, Marcum Financial Services LLC, Marcum Bernstein & Pinchuk LLP and MarcumBuchanan Associates LLC. For more information, visit www.marcumllp.com.

About Tangoe

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 platform, Matrix, is an on-demand suite of software and services designed to turn on, track, manage, secure, and support various connections in an enterprise's connection lifecycle, including mobile, fixed, machine-to-machine, cloud software and services, enterprise social, and IT connections. Additional information about Tangoe can be found at www.tangoe.com.

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