Tango is a company that has produced mobile video desktop software. Tango has raised $42 million in Series B to take on competition like Skype and ooVoo. This round of funding was led by Draper Fisher Jurvetson. The company has raised a total of $47 million. Tango initially launched with a focus on mobile, but now they are switching gears and enhancing the strength of their desktop app. Tango currently has about 18 million users on their mobile device. Tango now has about 60 employees company-wide. [GigaOM]

Tango is a video-calling application company that has raised $8.7 million in funding out of a $10 million planned round. The Tango application lets tablet and smartphone users make video calls, similar to the FaceTime application on the iPhone 4. Tango uses P2P technology for video calling. The company has previously raised $5 million in funding from several angel investors. [VentureBeat]

Tango is a mobile video chat application that launched a couple of weeks ago. The company reported that they hit 1 million mobile application downloads in 10 days. The Tango application allows users to video chat on Android and iOS on 3G, 4G, and Wi-Fi.