Tango Card, a Seattle software startup that helps companies offer digital gift cards and rewards to customers and employees, agreed to be acquired by Blackhawk Network, a Pleasanton, Calif.-based payments company. Terms of the deal were not disclosed.
- Tango Card employs more than 250 people and is led by CEO David Leeds, who founded the company in 2009.
- In a LinkedIn post, Leeds said the acquisition will help Tango “continue our mission on a much larger scale.” He added: “The announcement is the result of 15 years of daily commitment to our enterprise customers and their reward, incentive, and payout recipients.”
- Blackhawk previously invested in Tango Card, which raised a $35 million round in 2018 from FTV Capital.
