WARRANT TO PURCHASE STOCK

Exhibit 10.34

THIS WARRANT AND THE SHARES ISSUABLE HEREUNDER HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED, OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR OTHERWISE IN ACCORDANCE WITH APPLICABLE LAW.

WARRANT TO PURCHASE STOCK

Company:	Tangoe, Inc., a Delaware corporation
Number of Shares:	625,000, subject to adjustment
Class of Stock:	Series F Convertible Preferred Stock, $.0001 par value
Initial Exercise Price:	$1.1776 per share, subject to adjustment
Issue Date:	January 21, 2011
Expiration Date:	January 21, 2018

THIS WARRANT CERTIFIES THAT, for value received, receipt of which is hereby acknowledged, ORIX Finance Equity Investors, LP (“Holder”) is entitled to purchase the number of fully paid and nonassessable shares of the Class of Stock (the “Shares”) of Tangoe, Inc., a Delaware corporation (the “Company”), having a principal place of business located at 00 Xxxxxxxxx Xxxxxxxxx, Xxxxxx, Xxxxxxxxxxx 00000, at the initial exercise price per Share (the “Warrant Price”) set forth above, as constituted on the date hereof and as adjusted pursuant to the other terms of this Warrant, subject to the provisions and upon the terms and conditions set forth in this Warrant. This Warrant is being issued pursuant to a Seventh Amendment to Loan and Security Agreement between the Company and ORIX Venture Finance LLC (an affiliate of Holder) (“Lender”), dated as of January 21, 2011 (the “Loan Agreement”)  (Capitalized terms used herein, which are not defined, shall have the meanings set forth in the Loan Agreement.)

ARTICLE 1.         SHARES; EXERCISE.

1.1  Number of Shares.  The number of Shares initially subject to this Warrant shall initially be the number of Shares set forth above; provided that if the Lender fails to fund the Second Additional Disbursement on the closing of the Telwares Acquisition in violation of the Loan Agreement, the number of Shares shall be reduced by 125,000 Shares to 500,000 Shares.

1.2  Method of Exercise.  Holder may exercise this Warrant by delivering (including a facsimile transmission) a duly executed Notice of Exercise in substantially the form attached as Appendix 1 to the principal office of the Company.  Unless Holder is exercising the conversion right set forth in Section 1.3, Holder shall also deliver to the Company the aggregate Warrant Price for the Shares being purchased (i) by wire transfer or by check, or (ii) by notice of cancellation of indebtedness of the Company to Holder, or (iii) a combination of (i) or (ii).

1.3  Conversion Right.  In lieu of exercising this Warrant as specified in Section 1.2, Holder may from time to time convert this Warrant, in whole or in part, into a number of Shares determined by dividing (a) the aggregate fair market value of the Shares or other securities otherwise issuable upon the proposed whole or partial exercise of this Warrant minus the

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aggregate Warrant Price of such Shares by (b) the fair market value of one Share.  The fair market value of the Shares shall be determined pursuant  to Section 1.6 below.

1.4  Effective Date of Exercise.  This Warrant shall be deemed to have been exercised immediately prior to the close of business on the date of its surrender for exercise as provided above. The person entitled to receive the Shares issuable upon exercise of this Warrant shall be treated for all purposes as the holder of record of such shares as of the close of business on the date the Holder is deemed to have exercised this Warrant.

1.5  No Rights of Shareholder.  This Warrant does not entitle Holder to any voting rights as a shareholder of the Company prior to the exercise hereof.  Upon exercise hereof, as set forth herein, the Holder shall be deemed to be a shareholder of the Company holding the number of shares as to which this Warrant has been exercised on the date the Notice of Exercise in substantially the form attached as Appendix 1 has been delivered to the principal office of the Company with any payment or other documents called for by the terms hereof.

1.6  Fair Market Value.  If the Shares are traded in a public market, the fair market value of the Shares shall be the closing price of the Shares (or the closing price of the Company’s stock into which the Shares are convertible) reported for the business day immediately before Holder delivers its Notice of Exercise to the Company.  If the Shares are not traded in a public market, the Board of Directors of the Company shall determine fair market value in its reasonable good faith judgment.  The foregoing notwithstanding, if Holder advises the Board of Directors in writing that Holder disagrees with such determination, then the Company and Holder shall promptly agree upon a reputable investment banking firm to undertake such valuation.  If the Company and Holder are unable to agree on such investment banking firm, then the Holder shall select three reputable investment banking firms, and from those three firms the Company shall select one to undertake such valuation. If the valuation of such investment banking firm is greater than that determined by the Board of Directors, then all fees and expenses of such investment banking firm shall be paid by the Company.  In all other circumstances, such fees and expenses shall be paid by Holder.

1.7  Delivery of Certificate and New Warrant.  Promptly after Holder exercises or converts this Warrant, the Company shall deliver to Holder certificates for the Shares acquired and, if this Warrant has not been fully exercised or converted and has not expired, a new Warrant representing the Shares not so acquired shall be delivered to Holder.

1.8  Replacement of Warrants.  On receipt of an affidavit of an officer of the Holder of the loss, theft, destruction or mutilation of this Warrant and, in the case of loss, theft or destruction, on delivery of an indemnity agreement reasonably satisfactory in form and amount to the Company or, in the case of mutilation, on surrender and cancellation of this Warrant, the Company at its expense shall execute and deliver, in lieu of this Warrant, a new warrant of like tenor.

1.9  Acquisition of the Company. Upon the closing of any Acquisition the successor entity shall assume the obligations of this Warrant, and this Warrant shall be exercisable for the same securities, cash, and property as would be payable for the Shares issuable upon exercise of the unexercised portion of this Warrant as if such Shares were outstanding on the record date for  

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the Acquisition and subsequent closing.  The Warrant Price shall be adjusted accordingly. As used herein, “Acquisition” means any sale, license, or other disposition of all or substantially all of the assets of the Company, or any reorganization, sale of stock, consolidation, or merger of the Company in which the holders of the Company’s voting securities before the transaction (for such purpose treating all outstanding options and warrants to purchase voting securities of the Company as having been exercised and treating all outstanding debt and equity securities convertible into voting securities of the Company as having been converted) beneficially own less than 50% of the outstanding voting securities of the surviving entity after the transaction.

1.10                                        Automatic Exercise Prior to Expiration.  To the extent this Warrant is not previously exercised as to all of the Shares subject hereto, and if the fair market value of one Share is greater than the Warrant Price then in effect, this Warrant shall be deemed automatically exercised pursuant to Section 1.3 above (even if not surrendered) immediately before its expiration date as set forth in this Warrant.  For purposes of such automatic exercise, the fair market value of one Share upon such expiration shall be determined pursuant to Section 1.6 above.  To the extent this Warrant or any portion thereof is deemed automatically exercised pursuant to this Section, the Company agrees to promptly notify the holder hereof of the number of Shares, if any, the holder hereof is to receive by reason of such automatic exercise.

ARTICLE 2.         ADJUSTMENTS TO THE SHARES.

2.1  Stock Dividends, Splits, Etc.   If the Company declares or pays a dividend on its Stock payable in Common Stock or other securities, or subdivides the outstanding Stock into a greater amount of Stock, then upon exercise of this Warrant, for each Share acquired, Holder shall receive, without cost to Holder, the total number and kind of securities to which Holder would have been entitled had Holder owned the Shares of record as of the date the dividend or subdivision occurred.

2.2  Reclassification, Exchange or Substitution.  Upon any reclassification, exchange, substitution, or other event that results in a change of the number and/or class of the securities issuable upon exercise or conversion of this Warrant, Holder shall be entitled to receive, upon exercise or conversion of this Warrant, the number and kind of securities and property that Holder would have received for the Shares if this Warrant had been exercised immediately before such reclassification, exchange, substitution, or other event.  Such an event shall include any automatic conversion of the outstanding or issuable securities of the Company of the same class or series as the Shares to Common Stock pursuant to the terms of the Company’s Articles or Certificate of Incorporation upon the closing of a registered public offering of the Company’s Common Stock.  After the occurrence of such an event, the Company or its successor shall promptly issue to Holder a new Warrant for such new securities or other property.  The new Warrant shall provide for adjustments which shall be as nearly equivalent as may be practicable to the adjustments provided for in this Article 2 including, without limitation, adjustments to the Warrant Price and to the number of securities or property issuable upon exercise of the new Warrant.  The provisions of this Section 2.2 shall similarly apply to successive reclassifications, exchanges, substitutions, or other events.

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2.3  Adjustments for Combinations, Etc.  If the outstanding Shares are combined or consolidated, by reclassification or otherwise, into a lesser number of shares, the Warrant Price shall be proportionately increased.

2.4  Price Adjustment.  If the Company issues additional common shares (including shares of Common Stock ultimately issuable upon conversion of a security convertible into Common Stock) after the date of the Warrant and the consideration per additional common share is less than the Warrant Price in effect immediately before such issue, the price at which the Shares are converted to Common Stock shall be adjusted in accordance with the treatment of the series of securities of which the Shares are part under the Company’s Certificate of Incorporation.

2.5  No Impairment.  The Company shall not, by amendment of its Articles or Certificate of Incorporation or through a reorganization, transfer of assets, consolidation, merger, dissolution, issue, or sale of securities or any other voluntary action, avoid or seek to avoid the observance or performance of any of the terms to be observed or performed under this Warrant by the Company, but shall at all times in good faith assist in carrying out of all the provisions of this Article 2 and in taking all such action as may be necessary or appropriate to protect Holder’s rights under this Article against impairment.

2.6  Fractional Shares.  No fractional Shares shall be issuable upon exercise or conversion of the Warrant and the number of Shares to be issued shall be rounded down to the nearest whole Share.  If a fractional share interest arises upon any exercise or conversion of the Warrant, the Company shall eliminate such fractional share interest by paying Holder a cash amount computed by multiplying the fractional interest by the fair market value of a full Share.

2.7  Certificate as to Adjustments; Other Adjustments.  Upon each adjustment of the Warrant Price, the Company at its expense shall promptly compute such adjustment, and furnish Holder with a certificate of its Chief Financial Officer setting forth such adjustment and the facts upon which such adjustment is based.  The Company shall, upon written request, furnish Holder a certificate setting forth the Warrant Price in effect upon the date thereof and the series of adjustments leading to such Warrant Price.  If any change in the outstanding securities of the Company or any other event occurs, as to which the other provisions of this Article 2 are not strictly applicable, or if strictly applicable would not fairly protect the purchase rights of the Holder in accordance with such provisions, then the Board of Directors of the Company shall make an adjustment in the number and class of shares subject to this Warrant, the Warrant Price or the application of such provisions, so as to protect such purchase rights as aforesaid and to give the Holder, upon exercise for the same aggregate Warrant Price, the total number, class and kind of securities as it would have owned had the Warrant been exercised prior to the event and had it continued to hold such securities until after the event requiring the adjustment.

ARTICLE 3.         REPRESENTATIONS AND COVENANTS OF THE COMPANY.

3.1  Representations and Warranties.  The Company hereby represents and warrants to the Holder as follows:

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(a)   The initial Warrant Price hereunder is not greater than the price per share at which the Shares were last issued in an arm’s length transaction in which at least $500,000 of the Shares were sold.

(b)   All Shares which may be issued upon the exercise of the purchase right represented by this Warrant, and all securities, if any, issuable upon conversion of the Shares, shall, upon issuance, be duly authorized, validly issued, fully paid and nonassessable, and free of any liens and encumbrances except for restrictions on transfer provided for herein or under applicable federal and state securities laws.  The Company shall, at all times, reserve a sufficient number of Shares and of shares of Common Stock for issuance upon Holder’s exercise of its rights hereunder and conversion of the Shares.

(c)   The Capitalization Table attached hereto as Exhibit A is true and complete as of the Issue Date.

3.2  Notice of Certain Events.  If the Company proposes at any time (a) to declare any dividend or distribution upon its Common Stock, whether in cash, property, stock, or other securities and whether or not a regular cash dividend; (b) to offer for subscription pro rata to the holders of any class or series of its stock any additional shares of stock of any class or series or other rights; (c) to effect any reclassification or recapitalization of Common Stock; (d) to merge or consolidate with or into any other corporation, or sell, lease, license, or convey all or substantially all of its assets, or to liquidate, dissolve or wind up; or (e) offer holders of registration rights the opportunity to participate in an underwritten public offering of the company’s securities for cash, then, in connection with each such event, the Company shall give Holder (1) at least 30 days prior written notice of the date on which a record will be taken for such dividend, distribution, or subscription rights (and specifying the date on which the holders of Common Stock will be entitled thereto) or for determining rights to vote, if any, in respect of the matters referred to in (a) and (b) above; (2) in the case of the matters referred to in (c) and (d) above at least 10 days prior written notice of the date when the same will take place (and specifying the date on which the holders of Common Stock will be entitled to exchange their Common Stock for securities or other property deliverable upon the occurrence of such event); and (3) in the case of the matter referred to in (e) above, the same notice as is given to the holders of such registration rights; provided that in the case of the matters referred to in (d) above, Holder shall treat such notice as confidential information and shall not divulge it to any person or entity other than its attorneys or accountants or otherwise as required by applicable law.

3.3  Information Rights.  So long as the Holder holds this Warrant and/or any of the Shares, the Company shall deliver to the Holder (a) promptly after mailing, copies of all notices or other written communications to the shareholders of the Company, (b) within 150 days after the end of each fiscal year of the Company, an accountant-reviewed year end financial statement and certified by an Officer of the Company, (c) within forty-five (45) days after the end of each fiscal quarter of the Company, a Company-prepared quarterly financial statement of the Company (provided the same are required to be delivered to shareholders of the same class of stock that this Warrant is exercisable for), and (d) within thirty (30) days after the end of each month, a Company-prepared monthly financial statement of the Company (provided the same are

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required to be delivered to shareholders of the same class of stock that this Warrant is exercisable for).

3.4  Registration Under Securities Act of 1933, as amended.  The Company agrees that with respect to the Shares or, if the Shares are convertible into Common Stock of the Company, such Common Stock, Holder shall have incidental, or “Piggyback,” and S-3 registration rights pursuant to and as set forth in the Company’s Eighth Amended and Restated Investor Rights Agreement dated October 15, 2009 (the “XXX”), as the same is in effect on the date hereof, and within fifteen days after the date hereof, Company shall cause the XXX to be amended to include the Shares as “Registrable Shares” as therein defined.  In the event of any subsequent changes to said Agreement which would be advantageous to the Holder’s registration rights, the Holder shall have the benefit of such changes, but no changes to said Agreement which would be less advantageous to the Holder with respect to such registration rights shall be binding on the Holder.

ARTICLE 4.         REPRESENTATIONS, WARRANTIES OF THE HOLDER.  The Holder represents and warrants to the Company as follows:

4.1  Purchase for Own Account.  Except for transfers to Holder’s affiliates, this Warrant and the securities to be acquired upon exercise of this Warrant by the Holder will be acquired for investment for the Holder’s account, not as a nominee or agent, and not with a view to the public resale or distribution within the meaning of the 1933 Act, and the Holder has no present intention of selling, granting any participation in, or otherwise distributing the same.  The Holder also represents that the Holder has not been formed for the specific purpose of acquiring this Warrant or the Shares.

4.2  Disclosure of Information.  The Holder has received or has had full access to all the information it considers necessary or appropriate to make an informed investment decision with respect to the acquisition of this Warrant and its underlying securities.  The Holder further has had an opportunity to ask questions and receive answers from the Company regarding the terms and conditions of the offering of this Warrant and its underlying securities and to obtain additional information (to the extent the Company possessed such information or could acquire it without unreasonable effort or expense) necessary to verify any information furnished to the Holder or to which the Holder has access.

4.3  Investment Experience. The Holder:  (i) has experience as an investor in securities and acknowledges that the Holder is able to fend for itself, can bear the economic risk of the Holder’s investment in this Warrant and its underlying securities and has such knowledge and experience in financial or business matters that the Holder is capable of evaluating the merits and risks of its investment in this Warrant and its underlying securities and/or (ii) has a preexisting personal or business relationship with the Company and certain of its officers, directors or controlling persons of a nature and duration that enables the Holder to be aware of the character, business acumen and financial circumstances of such persons.

4.4  Accredited Investor Status.  The Holder is an “accredited investor” within the meaning of Regulation D promulgated under the 1933 Act.

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ARTICLE 5.         MISCELLANEOUS

5.1  Term.  This Warrant is exercisable, in whole or in part, at any time and from time to time on or before the Expiration Date set forth above.

5.2  Legends.  This Warrant and the Shares (and the securities issuable, directly or indirectly, upon conversion of the Shares, if any) shall be imprinted with a legend in substantially the following form:

THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, AND MAY NOT BE SOLD, PLEDGED OR OTHERWISE TRANSFERRED WITHOUT AN EFFECTIVE REGISTRATION THEREOF UNDER SUCH ACT OR AS PERMITTED UNDER APPLICABLE LAW.

5.3  Compliance with Securities Laws on Transfer.  This Warrant and the Shares issuable upon exercise of this Warrant (and the securities issuable, directly or indirectly, upon conversion of the Shares, if any) may not be transferred or assigned in whole or in part without compliance with applicable federal and state securities laws by the transferor and the transferee.

5.4  Transfer Procedure.  Subject to the provisions of Section 5.2, Holder may transfer all or part of this Warrant or the Shares issuable upon exercise of this Warrant (or the securities issuable, directly or indirectly, upon conversion of the Shares, if any) by giving the Company notice of the portion of the Warrant being transferred setting forth the name, address and taxpayer identification number of the transferee and surrendering this Warrant to the Company for reissuance to the transferee(s) (and Holder if applicable).

5.5  Notices. All notices and other communications from the Company to the Holder, or vice versa, shall be deemed delivered and effective when given personally or mailed by first-class registered or certified mail, postage prepaid, to such address as may have been furnished to the Company or the Holder, as the case may be, in writing by the Company or the Holder from time to time.

5.6  Waiver; Amendment. This Warrant and any term hereof may be changed, waived, discharged or terminated only by an instrument in writing signed by the party against which enforcement of such change, waiver, discharge or termination is sought.

5.7  Issue Tax.  The issuance of the securities subject to this Warrant shall be made without charge to the Holder for any issue tax (other than applicable income taxes) in respect thereof.

5.8  Attorneys Fees.  In the event of any dispute between the parties concerning the terms and provisions of this Warrant, the party prevailing in such dispute shall be entitled to collect from the other party all costs reasonably incurred in such dispute, including reasonable attorneys’ fees.

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5.9  Governing Law. This Warrant and all acts, transactions, disputes and controversies arising hereunder or relating hereto, and all rights and obligations of Holder and Company shall be governed by, and construed in accordance with the internal laws (and not the conflict of laws rules) of the State of Delaware.

[Signatures on Next Page]

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	TANGOE, INC.
	By	/s/ Xxxxxx X. Xxxxxxxx, Xx.
	Title	CEO + Founder

Holder:
ORIX Finance Equity Investors, LP
By	/s/ Xxxxx X. Xxxxxxx
	Xxxxx X. Xxxxxxx,
	Authorized Signatory

[Signature Page—Warrant to Purchase Stock]

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APPENDIX 1

NOTICE OF EXERCISE

1.             The undersigned hereby elects to purchase                    shares of the Series           Preferred Stock of [Company] pursuant to the terms of the attached Warrant, and tenders herewith payment of the purchase price of such shares in full.

1.             The undersigned hereby elects to convert the attached Warrant into Shares in the manner specified in the Warrant.  This conversion is exercised with respect to                                    of the Shares covered by the Warrant.

[Strike paragraph that does not apply.]

2.             Please issue a certificate or certificates representing said shares in the name of the undersigned or in such other name as is specified below:

3.             The undersigned represents it is acquiring the Shares solely for its own account and not as a nominee for any other party and not with a view toward the resale or distribution thereof except in compliance with applicable securities laws.

(Signature)

Date

Exhibit A

Capitalization Table

TANGOE, INC.

CAP TABLE

AS OF DECEMBER 31, 2010

				Issued and Outstanding Stock
Shareholder		Status		Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred		Series F Preferred		Series 1 Preferred		Series 2 Preferred		Total		% of Outstanding		Preferred Shares		% Pref
Edison Venture		I		—		—		8,170,464		3,823,724		2,745,387		1,568,800		1,331,081		—		—		—		17,639,456		21.16	%	17,639,456		26.3	%
Xxxxx Xxxxx		I		304,035		—		—		—		—		—		—		—		11,144,752		2,368,403		13,817,190		16.58	%	13,513,155		20.2	%
North Atlantic Capital		I		—		—		—		—		—		—		8,108,108		—		—		—		8,108,108		9.73	%	8,108,108		12.1	%
Xxxxxx X. Xxxxxxxx, Xx.		CE		4,639,173		488,000		—		—		—		—		—		—		—		—		5,127,173		6.15	%	488,000		0.7	%
HO2.1		I		253,933		—		—		—		—		—		—		—		4,148,840		—		4,402,773		5.28	%	4,148,840		6.2	%
Axiom Venture Partners III, L.P.		I		—		—		—		—		—		2,353,200		1,283,784		—		—		—		3,636,984		4.36	%	3,636,984		5.4	%
Teachers Insurance and Annuity Association of America		I		—		—		—		—		—		—		—		—		3,541,836		—		3,541,836		4.25	%	3,541,836		5.3	%
Investor Growth Capital Limited		I		—		—		—		—		—		—		—		7,133,153		—		—		7,133,153		8.56	%	7,133,153		10.6	%
Investor Group, L.P.		I		—		—		—		—		—		—		—		3,057,065		—		—		3,057,065		3.67	%	3,057,065		4.6	%
InterNoded, Inc.		CE		1,952,673		—		—		—		—		—		—		—		—		—		1,952,673		2.34	%	—		0.0	%
International Business Machines Corporation		strategic partner		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxxx X. Xxxx		FF		1,189,764		—		—		—		—		—		—		—		—		—		1,189,764		1.43	%	—		0.0	%
Xxxx X. Xxxxxxx		CE		1,256,850		80,000		—		—		—		—		—		—		—		—		1,336,850		1.60	%	80,000		0.1	%
Xxxxxxx Xxxxxx		CE		705,822		20,000		—		—		—		—		—		—		—		—		725,822		0.87	%	20,000		0.0	%
Xxxx Xxxxxxx		CE		81,541		40,000		—		—		20,394		—		—		—		—		—		141,935		0.17	%	60,394		0.1	%
CVF, LLC		T		42,828		—		—		—		—		—		—		—		775,729		66,153		884,710		1.06	%	841,882		1.3	%
Xxxxxx Xxxxxxx		CE		220,000		104,828		44,566		63,728		39,220		78,440		—		—		—		—		550,782		0.66	%	330,782		0.5	%
Xxxxxx X. Xxxxxxx		CE		435,643		—		—		—		—		—		—		—		—		—		435,643		0.52	%	—		0.0	%
Xxxxxxx X. Xxxxxxxx		FF		230,000		335,350		—		—		—		—		—		—		—		—		565,350		0.68	%	335,350		0.5	%
Xxxxxx X. Xxxxxxxx		FF		215,000		313,900		—		—		—		—		—		—		—		—		528,900		0.63	%	313,900		0.5	%
Xxxxxxxxxxx X. Xxxxxx		former director		45,000		2,247		81,705		54,806		39,220		39,220		67,567		—		—		—		329,765		0.40	%	284,765		0.4	%
Xxxxxx X. Xxxxxxxx		CE		350,000		—		—		—		—		—		—		—		—		—		350,000		0.42	%	—		0.0	%
Xxxxxxx Family LLC		T		42,828		—		—		—		—		—		—		—		425,020		—		467,848		0.56	%	425,020		0.6	%
Xxx Xx Fairfield		FF		148,000		105,941		—		—		78,440		—		—		—		—		—		332,381		0.40	%	184,381		0.3	%
Xxxx Xxxxxx		FE		344,492		—		—		—		—		—		—		—		—		—		344,492		0.41	%	—		0.0	%
Xxxxx Xxxxxxxxx		T, FE		348,579		—		—		—		—		—		—		—		—		—		348,579		0.42	%	—		0.0	%
Venture Lending & Leasing IV, LLC		Former Traq lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxx Xxxx		FF		300,000		—		—		—		—		—		—		—		—		—		300,000		0.36	%	—		0.0	%
Xxxxxxx Xxxxxx		FF		20,000		100,000		44,566		127,457		—		—		—		—		—		—		292,023		0.35	%	272,023		0.4	%
Xxxxxxxx Xxx		FF		30,000		60,000		—		—		—		149,036		—		—		—		—		239,036		0.29	%	209,036		0.3	%
ORIX Venture Finance LLC		senior lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxx Xxxxx		FF		167,228		—		—		—		—		—		—		—		—		—		167,228		0.20	%	—		0.0	%
Bard Financial Services, Inc. Profit Sharing Plan		FF		50,000		72,550		—		—		—		—		—		—		—		—		122,550		0.15	%	72,550		0.1	%
Xxx Xxxxxxxxx and Xxxxxxx Xxxxxxxxx (JTWROS)		FF		50,000		73,000		—		—		—		—		—		—		—		—		123,000		0.15	%	73,000		0.1	%
Xxxxxxx Xxxxxxxxx		FF		35,000		43,423		—		19,118		23,532		—		—		—		—		—		121,073		0.15	%	86,073		0.1	%
Xxxxx X. Xxxxxx		FF		10,000		20,000		16,341		10,706		7,844		7,844		20,270		—		—		—		93,005		0.11	%	83,005		0.1	%
Comerica Bank - California		former senior lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Comerica Ventures Incorporated		T		—		—		37,444		—		—		—		—		—		5,928		—		43,372		0.05	%	43,372		0.1	%
Xxx Xxxxxxx		CE		15,000		13,800		—		—		—		—		—		—		—		—		28,800		0.03	%	13,800		0.0	%
Xxxxxx Xxxxxxxx		consultant		—		—		—		—		—		—		—		—		—		—		—		0.00	%			0.0	%
Xxxxxxxxxxx XxXxxxxxxxxx		CE		20,000		—		—		—		7,844		—		—		—		—		—		27,844		0.03	%	7,844		0.0	%
Subbloie gift/family (see below)		FF		70,000		—		—		—		—		—		—		—		—		—		70,000		0.08	%	—		0.0	%
Vertex Partners, L.P.		T		6,425		—		—		—		—		—		—		—		70,836		—		77,261		0.09	%	70,836		0.1	%
Xxxxxx X. XxXxx, Xx.		FE		66,000		—		—		—		—		—		—		—		—		—		66,000		0.08	%	—		0.0	%
Xxxx Xxxxxx		CE		22,182		—		—		—		—		—		—		—		—		—		22,182		0.03	%	—		0.0	%
Xxxxx X. Xxxxxxx		FF		—		29,200		—		—		—		—		—		—		—		—		29,200		0.04	%	29,200		0.0	%
Xxxx Xxxx		T		62,634		—		—		—		—		—		—		—		—		—		62,634		0.08	%	—		0.0	%
Xxxxxx Xxxxxx		former landlord		56,000		—		—		—		—		—		—		—		—		—		56,000		0.07	%	—		0.0	%
Tarrant Venture Partners, L.P.		T		60,859		—		—		—		—		—		—		—		—		—		60,859		0.07	%	—		0.0	%
G&H Partners		T		6,538		—		—		—		—		—		—		—		48,123		—		54,661		0.07	%	48,123		0.1	%
Xxxx Xxxx		FE		40,000		—		—		—		—		—		—		—		—		—		40,000		0.05	%	—		0.0	%
Xxxxx Xxxxx		FE		—		—		—		—		—		39,219		—		—		—		—		39,219		0.05	%	39,219		0.1	%
Xxxxx X. Star		T		1,928		—		—		—		—		—		—		—		34,943		2,980		39,851		0.05	%	37,923		0.1	%
Jacques Management, LLC		T		857		—		—		—		—		—		—		—		35,724		3,047		39,628		0.05	%	38,771		0.1	%
Xxxxx Xxxxxxxx		FE		—		26,240		—		—		—		—		—		—		—		—		26,240		0.03	%	26,240		0.0	%
Xxxxxxx Xxxxx		FE		27,500		—		—		—		—		—		—		—		—		—		27,500		0.03	%	—		0.0	%
Xxxxxx Xxxx		FF		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Pacific USA Design Group, Inc.		T		27,410		—		—		—		—		—		—		—		—		—		27,410		0.03	%	—		0.0	%
Bank of Southern Connecticut		former junior lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxx Xxxxxx		FE		19,999		—		—		—		—		—		—		—		—		—		19,999		0.02	%	—		0.0	%
Xxxxx Xxxxx Xxxxxxxxx		CE		1,400		—		—		—		—		—		—		—		—		—		1,400		0.00	%	—		0.0	%
Xxxxxxx Xxxxx		FE		13,020		—		—		—		—		—		—		—		—		—		13,020		0.02	%	—		0.0	%
Xxxxxxx Xxxxx		FE		10,833		—		—		—		—		—		—		—		—		—		10,833		0.01	%	—		0.0	%
PowerBridge LLC		former sub-debt lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxx Xxxxxxx & Trix Xxx, as Community Property		T		9,135		—		—		—		—		—		—		—		—		—		9,135		0.01	%	—		0.0	%
Xxxxx Xxxxx		FE		6,666		—		—		—		—		—		—		—		—		—		6,666		0.01	%	—		0.0	%
Xxxxxx X. Xxxxxx & Xxxxxxx X. Xxxxxx JTROS		T		6,890		—		—		—		—		—		—		—		—		—		6,890		0.01	%	—		0.0	%
Xxxxxx Xxxxxxxxxxx		sub-debt lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxx Xxx Xxxxx		FE		5,625		—		—		—		—		—		—		—		—		—		5,625		0.01	%	—		0.0	%
Xxxx X. Xxxxxx		T		5,513		—		—		—		—		—		—		—		—		—		5,513		0.01	%	—		0.0	%
Xxxxxx Xxxxxxx		T		5,011		—		—		—		—		—		—		—		—		—		5,011		0.01	%	—		0.0	%
Xxx Xxxxxxxx		FE		3,791		—		—		—		—		—		—		—		—		—		3,791		0.00	%	—		0.0	%
Xxx Xxx		FE		3,541		—		—		—		—		—		—		—		—		—		3,541		0.00	%	—		0.0	%
Yujin Xxx Xxx		FE		2,916		—		—		—		—		—		—		—		—		—		2,916		0.00	%	—		0.0	%
Xxxxxx Xxxxx		FE		2,750		—		—		—		—		—		—		—		—		—		2,750		0.00	%	—		0.0	%
Xxxxxx Xxxxxxxxxx		FE		2,560		—		—		—		—		—		—		—		—		—		2,560		0.00	%	—		0.0	%
Xxx Xxxxxxxx		former sub-debt lender		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxx Xxxxxxx		FE		2,505		—		—		—		—		—		—		—		—		—		2,505		0.00	%	—		0.0	%

		ISSUED AND OUTSTANDING WARRANTS																		OUTSTANDING		Fully Diluted
		Common Stock		Series B Preferred		Series C Preferred		Series D Preferred		Series E Preferred		Series 1 Preferred		Series 2 Preferred		Series F Preferred		TOTAL		Stock Options		Shares		% Own
Edison Venture		—		—		—		—		—		—		—		—		—		—		17,639,456		16.27	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		13,817,190		12.74	%
North Atlantic Capital		—		—		—		—		—		—		—		—		—		—		8,108,108		7.48	%
Xxxxxx X. Xxxxxxxx, Xx.		100,000		—		—		—		—		—		—		—		100,000		4,053,719		9,280,892		8.56	%
HO2.1		—		—		—		—		—		—		—		—		—		—		4,402,773		4.06	%
Axiom Venture Partners III, L.P.		—		—		—		—		—		—		—		—		—		—		3,636,984		3.35	%
Teachers Insurance and Annuity Association of America		—		—		—		—		—		—		—		—		—		—		3,541,836		3.27	%
Investor Growth Capital Limited		—		—		—		—		—		—		—		—		—		—		7,133,153		6.58	%
Investor Group, L.P.		—		—		—		—		—		—		—		—		—		—		3,057,065		2.82	%
InterNoded, Inc.		—		—		—		—		—		—		—		—		—		—		1,952,673		1.80	%
International Business Machines Corporation		3,135,554		—		—		—		—		—		—		—		3,135,554		—		3,135,554		2.89	%
Xxxxxx X. Xxxx		—		—		—		—		—		—		—		—		—		—		1,189,764		1.10	%
Xxxx X. Xxxxxxx		5,000		—		—		—		—		—		—		—		5,000		1,480,000		2,821,850		2.60	%
Xxxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		475,800		1,201,622		1.11	%
Xxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		940,000		1,081,935		1.00	%
CVF, LLC		—		—		—		—		—		—		—		—		—		—		884,710		0.82	%
Xxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		665,000		1,215,782		1.12	%
Xxxxxx X. Xxxxxxx		—		—		—		—		—		—		—		—		—		742,857		1,178,500		1.09	%
Xxxxxxx X. Xxxxxxxx		2,500		—		—		—		—		—		—		—		2,500		—		567,850		0.52	%
Xxxxxx X. Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		528,900		0.49	%
Xxxxxxxxxxx X. Xxxxxx		7,500		—		—		—		—		—		—		—		7,500		65,000		402,265		0.37	%
Xxxxxx X. Xxxxxxxx		—		—		—		—		—		—		—		—		—		50,000		400,000		0.37	%
Xxxxxxx Family LLC		—		—		—		—		—		—		—		—		—		—		467,848		0.43	%
Xxx Xx Fairfield		5,000		—		—		—		—		—		—		—		5,000		—		337,381		0.31	%
Xxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		344,492		0.32	%
Xxxxx Xxxxxxxxx		—		—		—		—		—		—		—		—		—		—		348,579		0.32	%
Venture Lending & Leasing IV, LLC		—		—		—		—		—		—		304,400		—		304,400		—		304,400		0.28	%
Xxxxx Xxxx		—		—		—		—		—		—		—		—		—		—		300,000		0.28	%
Xxxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		292,023		0.27	%
Xxxxxxxx Xxx		—		—		—		—		—		—		—		—		—		—		239,036		0.22	%
ORIX Venture Finance LLC		—		—		—		—		168,919		—		—		850,000		1,018,919		—		1,018,919		0.94	%
Xxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		167,228		0.15	%
Bard Financial Services, Inc. Profit Sharing Plan		2,500		—		—		—		—		—		—		—		2,500		—		125,050		0.12	%
Xxx Xxxxxxxxx and Xxxxxxx Xxxxxxxxx (JTWROS)		—		—		—		—		—		—		—		—		—		—		123,000		0.11	%
Xxxxxxx Xxxxxxxxx		—		—		—		—		—		—		—		—		—		—		121,073		0.11	%
Xxxxx X. Xxxxxx		2,500		—		—		—		—		—		—		—		2,500		—		95,505		0.09	%
Comerica Bank - California		—		—		15,000		28,238		—		—		—		—		43,238		—		43,238		0.04	%
Comerica Ventures Incorporated		—		—		—		—		—		—		—		—		—		—		43,372		0.04	%
Xxx Xxxxxxx		—		—		—		—		—		—		—		—		—		100,000		128,800		0.12	%
Xxxxxx Xxxxxxxx		80,000		—		—		—		—		—		—		—		80,000		—		80,000		0.07	%
Xxxxxxxxxxx XxXxxxxxxxxx		—		—		—		—		—		—		—		—		—		100,000		127,844		0.12	%
Subbloie gift/family (see below)		—		—		—		—		—		—		—		—		—		—		70,000		0.06	%
Vertex Partners, L.P.		—		—		—		—		—		—		—		—		—		—		77,261		0.07	%
Xxxxxx X. XxXxx, Xx.		—		—		—		—		—		—		—		—		—		—		66,000		0.06	%
Xxxx Xxxxxx		—		—		—		—		—		—		—		—		—		67,500		89,682		0.08	%
Xxxxx X. Xxxxxxx		—		—		—		—		—		—		—		—		—		—		29,200		0.03	%
Xxxx Xxxx		—		—		—		—		—		—		—		—		—		—		62,634		0.06	%
Xxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		56,000		0.05	%
Tarrant Venture Partners, L.P.		—		—		—		—		—		—		—		—		—		—		60,859		0.06	%
G&H Partners		—		—		—		—		—		—		—		—		—		—		54,661		0.05	%
Xxxx Xxxx		—		—		—		—		—		—		—		—		—		—		40,000		0.04	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		39,219		0.04	%
Xxxxx X. Star		—		—		—		—		—		—		—		—		—		—		39,851		0.04	%
Jacques Management, LLC		—		—		—		—		—		—		—		—		—		—		39,628		0.04	%
Xxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		26,240		0.02	%
Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		27,500		0.03	%
Xxxxxx Xxxx		37,500		—		—		—		—		—		—		—		37,500		—		37,500		0.03	%
Pacific USA Design Group, Inc.		—		—		—		—		—		—		—		—		—		—		27,410		0.03	%
Bank of Southern Connecticut		20,000		—		—		—		—		—		—		—		20,000		—		20,000		0.02	%
Xxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		19,999		0.02	%
Xxxxx Xxxxx Xxxxxxxxx		—		—		—		—		—		—		—		—		—		14,323		15,723		0.01	%
Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		13,020		0.01	%
Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		10,833		0.01	%
PowerBridge LLC		10,000		—		—		—		—		—		—		—		10,000		—		10,000		0.01	%
Xxxx Xxxxxxx & Trix Xxx, as Community Property		—		—		—		—		—		—		—		—		—		—		9,135		0.01	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		6,666		0.01	%
Xxxxxx X. Xxxxxx & Xxxxxxx X. Xxxxxx JTROS		—		—		—		—		—		—		—		—		—		—		6,890		0.01	%
Xxxxxx Xxxxxxxxxxx		9,000		—		—		—		—		—		—		—		9,000		—		9,000		0.01	%
Xxxx Xxx Xxxxx		—		—		—		—		—		—		—		—		—		—		5,625		0.01	%
Xxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		—		5,513		0.01	%
Xxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		5,011		0.00	%
Xxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		3,791		0.00	%
Xxx Xxx		—		—		—		—		—		—		—		—		—		—		3,541		0.00	%
Yujin Xxx Xxx		—		—		—		—		—		—		—		—		—		—		2,916		0.00	%
Xxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		2,750		0.00	%
Xxxxxx Xxxxxxxxxx		—		—		—		—		—		—		—		—		—		—		2,560		0.00	%
Xxx Xxxxxxxx		2,500		—		—		—		—		—		—		—		2,500		—		2,500		0.00	%
Xxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		2,505		0.00	%

				Issued and Outstanding Stock
Shareholder		Status		Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred		Series F Preferred		Series 1 Preferred		Series 2 Preferred		Total		% of Outstanding		Preferred Shares		% Pref
Xxxxx Xxxxxxx		FE		2,505		—		—		—		—		—		—		—		—		—		2,505		0.00	%	—		0.0	%
Xxxxxx X. Xxxx		T		2,198		—		—		—		—		—		—		—		—		—		2,198		0.00	%	—		0.0	%
Xxx Xxxxxxx		FE		1,966		—		—		—		—		—		—		—		—		—		1,966		0.00	%	—		0.0	%
Xxx Xxxxxxx		FE		1,770		—		—		—		—		—		—		—		—		—		1,770		0.00	%	—		0.0	%
Fangping Xxxx		XX		1,624		—		—		—		—		—		—		—		—		—		1,624		0.00	%	—		0.0	%
Xxxxx Xxxx		FE		1,354		—		—		—		—		—		—		—		—		—		1,354		0.00	%	—		0.0	%
Xxxxxx Xxxxxxxxx		FE		1,566		—		—		—		—		—		—		—		—		—		1,566		0.00	%	—		0.0	%
Xxxxx Xxxxxxxx		FE		1,249		—		—		—		—		—		—		—		—		—		1,249		0.00	%	—		0.0	%
Xxxxxxx Xxxxxxxxxx		FE		1,124		—		—		—		—		—		—		—		—		—		1,124		0.00	%	—		0.0	%
Xxxxxxx Xxxxx & Xxxxxxx Xxxxx		T		1,100		—		—		—		—		—		—		—		8,089		—		9,189		0.01	%	8,089		0.0	%
Xxxxx Xxxxxxx		FE		937		—		—		—		—		—		—		—		—		—		937		0.00	%	—		0.0	%
Xxxxx Xx		FE		625		—		—		—		—		—		—		—		—		—		625		0.00	%	—		0.0	%
Xxxxxxx Xxxxx		FE		472,856		—		—		—		—		—		—		—		—		—		472,856		0.57	%	—		0.0	%
Xxxxxx Xxxxxxxx		CE		78,124		—		—		—		—		—		—		—		—		—		78,124		0.09	%	—		0.0	%
Xxxxx Xxxxxxx		FE		5,000		—		—		—		—		—		—		—		—		—		5,000		0.01	%	—		0.0	%
Xxxxxx Xxxxxxxxx		XX		21,400		—		—		—		—		—		—		—		—		—		21,400		0.03	%	—		0.0	%
Xxxxxx Xxxxxx		FE		24,009		—		—		—		—		—		—		—		—		—		24,009		0.03	%	—		0.0	%
Xxxxxxxx Xxxxxx Xxxxx		XX		8,911		—		—		—		—		—		—		—		—		—		8,911		0.01	%	—		0.0	%
Xxxxxxxx Xxxxxx Xxxxx & Xxxxxxx Xxxxx, JTWROS		T		2,054		—		—		—		—		—		—		—		—		—		2,054		0.00	%	—		0.0	%
Xxxxxxx Xxxxx		FE		16,963		—		—		—		—		—		—		—		—		—		16,963		0.02	%	—		0.0	%
Xxx X. Xxxxxxxx		T		10,152		—		—		—		—		—		—		—		—		—		10,152		0.01	%	—		0.0	%
Xxxxxxx Xxxxxxxx		FE		5,833		—		—		—		—		—		—		—		—		—		5,833		0.01	%	—		0.0	%
Xxxxxxxx Xxxxxxx		FE		18,896		—		—		—		—		—		—		—		—		—		18,896		0.02	%	—		0.0	%
Xxxxxxx X. Xxxxxx		D		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxx X. Xxxxxx		CE		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxxxxxxxx X. Xxxxxxxxxx		CE		—		—		—		—		—		—		—		—		—		—		—		0.00	%	—		0.0	%
Xxxxxx Xxxxxx		T		—		—		—		—		—		—		—		—		32,768		—		32,768		0.04	%	32,768		0.0	%
Xxxxxxxxx Xxxxxxx		FE		29,375		—		—		—		—		—		—		—		—		—		29,375		0.04	%	—		0.0	%
Xxxxxx X. Xxxxx		D		45,000		—		—		—		—		—		—		—		—		—		45,000		0.05	%	—		0.0	%
Xxxxx Xxxxxx		FE		13,309		—		—		—		—		—		—		—		—		—		13,309		0.02	%	—		0.0	%
Xxxx X. Xxxxx		T, FE		63,073		—		—		—		—		—		—		—		3,235		—		66,308		0.08	%	3,235		0.0	%
Xxxxxxxxx X. Xxxxx		T		63,074		—		—		—		—		—		—		—		3,236		—		66,310		0.08	%	3,236		0.0	%
VNAdvisors, LLC		FF		435,000		—		—		—		—		—		—		—		—		—		435,000		0.52	%	—		0.0	%
Xxxxxxxxx Xxxxxxxx		T		1,477		—		—		—		—		—		—		—		—		—		1,477		0.00	%	—		0.0	%
Xxxxx Xxxxx		FE		70,462		—		—		—		—		—		—		—		—		—		70,462		0.08	%	—		0.0	%
Santosh Kalki		FE		21,366		—		—		—		—		—		—		—		—		—		21,366		0.03	%	—		0.0	%
Xxxxxxx X. Xxxxxxx		T		454		—		—		—		—		—		—		—		5,226		—		5,680		0.01	%	5,226		0.0	%
Xxxxx X. Xxxxx		T		18,517		—		—		—		—		—		—		—		212,992		—		231,509		0.28	%	212,992		0.3	%
Xxxxx X. Xxxxxxxxx Revocable Trust		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Cedar Equities, LLC		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Covenant Foundation, Inc.		T		9,085		—		—		—		—		—		—		—		104,524		—		113,609		0.14	%	104,524		0.2	%
Xxxxxx X. Xxxxxx, Xx.		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxx Xxxx		T		454		—		—		—		—		—		—		—		5,226		—		5,680		0.01	%	5,226		0.0	%
Xxxxx X. Xxxxxx		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxx X. Weekly		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxx Weekly Family Foundation		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxx X. Xxxxx and Xxxxx X. Xxxxx		T		454		—		—		—		—		—		—		—		5,226		—		5,680		0.01	%	5,226		0.0	%
GEEJOHN LLC		T		454		—		—		—		—		—		—		—		5,226		—		5,680		0.01	%	5,226		0.0	%
Xxxxxxxx X. Xxxxx		T		909		—		—		—		—		—		—		—		10,452		—		11,361		0.01	%	10,452		0.0	%
Xxxxx Xxxxx		T		9,256		—		—		—		—		—		—		—		106,497		—		115,753		0.14	%	106,497		0.2	%
Xxxxx Investment Holdings LP		T		2,726		—		—		—		—		—		—		—		31,357		—		34,083		0.04	%	31,357		0.0	%
JDC Management, Inc.		T		9,256		—		—		—		—		—		—		—		106,497		—		115,753		0.14	%	106,497		0.2	%
JMM PHLP, Ltd.		T		9,256		—		—		—		—		—		—		—		106,497		—		115,753		0.14	%	106,497		0.2	%
Xxxxx X. Xxxxxx		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxxx Xxxxxx		T		909		—		—		—		—		—		—		—		10,452		—		11,361		0.01	%	10,452		0.0	%
Xxxxxx Xxxxxxxx		T		4,088		—		—		—		—		—		—		—		47,036		—		51,124		0.06	%	47,036		0.1	%
Xxxxxx Xxxxxx		T		4,088		—		—		—		—		—		—		—		47,036		—		51,124		0.06	%	47,036		0.1	%
Xxxxx Xxxxx		T		909		—		—		—		—		—		—		—		10,452		—		11,361		0.01	%	10,452		0.0	%
Nuevo Capital Partners, LP		T		9,256		—		—		—		—		—		—		—		106,497		—		115,753		0.14	%	106,497		0.2	%
RAM Funds Ltd.		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxxx X. Xxxxxxx		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxx X. Xxxxxxx		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxx X. Xxxxxx Revocable Trust DTD 12/22/94		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxxxxx Investment Limited Partnership		T		9,085		—		—		—		—		—		—		—		104,524		—		113,609		0.14	%	104,524		0.2	%
ST Investments Limited Partnership		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxxx X. Shaper		T		4,543		—		—		—		—		—		—		—		52,262		—		56,805		0.07	%	52,262		0.1	%
Middlemarch Capital Partners		T		88		—		—		—		—		—		—		—		985		—		1,073		0.00	%	985		0.0	%
Xxxx Xxxxxxx Family Limited Partnership		T		3,634		—		—		—		—		—		—		—		41,810		—		45,444		0.05	%	41,810		0.1	%
Xxxxxx X. Xxxxxx		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxx X. Xxxxx, Xx.		T		545		—		—		—		—		—		—		—		6,271		—		6,816		0.01	%	6,271		0.0	%
Mission City Management, Inc.		T		171		—		—		—		—		—		—		—		1,973		—		2,144		0.00	%	1,973		0.0	%
Xxxxxxx X. Xxxx		T		3,634		—		—		—		—		—		—		—		41,810		—		45,444		0.05	%	41,810		0.1	%
BF Private Capital, LP		T		727		—		—		—		—		—		—		—		8,362		—		9,089		0.01	%	8,362		0.0	%
Xxxxxxx Xxxxx		T		363		—		—		—		—		—		—		—		4,181		—		4,544		0.01	%	4,181		0.0	%
JAMA 1 Ltd.		T		182		—		—		—		—		—		—		—		2,090		—		2,272		0.00	%	2,090		0.0	%
Z Start I, L.P.		T		1,817		—		—		—		—		—		—		—		20,905		—		22,722		0.03	%	20,905		0.0	%
Xxxxxx X. Xxxxxxxxx		FE		18,451		—		—		—		—		—		—		—		—		—		18,451		0.02	%	—		0.0	%
Xxxxx Xxxxx		FE		16,833		—		—		—		—		—		—		—		—		—		16,833		0.02	%	—		0.0	%
Xxxxxx Xxxxxxxx		T, FE		110,000		—		—		—		—		—		—		—		—		—		110,000		0.13	%	—		0.0	%
Xxxxx X. Xxxxx & Xxxxxxx X. Xxxxx, JTWROS		CE		1,353		—		—		—		—		—		—		—		—		—		1,353		0.00	%	—		0.0	%
Xxxxx Xxxxxxxx		FE		137,250		—		—		—		—		—		—		—		—		—		137,250		0.16	%	—		0.0	%
Xxxx Xxxxxx Xxxxxx		FE		5,799		—		—		—		—		—		—		—		—		—		5,799		0.01	%	—		0.0	%
Xxxxx Xxxxxxxxxxx & Xxxxxxxxx Xxxxxxxxxxx, JTWROS		T		36,667		—		—		—		—		—		—		—		—		—		36,667		0.04	%	—		0.0	%
Xxxxxx Xxxx and Xxxxxx Xxxx, JTWROS		FE		10,648		—		—		—		—		—		—		—		—		—		10,648		0.01	%	—		0.0	%
Xxxx Xxxxx		FE		267		—		—		—		—		—		—		—		—		—		267		0.00	%	—		0.0	%
Xxxxxxxx Xxxx		FE		2,187		—		—		—		—		—		—		—		—		—		2,187		0.00	%	—		0.0	%
Xxxxxx and Xxxxx Xxxxxxx, JTWROS		FF		12,000		—		—		—		—		—		—		—		—		—		12,000		0.01	%	—		0.0	%
Xxxxxxx and Xxxxx Xxxxxxx, JTWROS		FF		12,000		—		—		—		—		—		—		—		—		—		12,000		0.01	%	—		0.0	%
Xxxxxxx Xxxxxxx		FF		12,000		—		—		—		—		—		—		—		—		—		12,000		0.01	%	—		0.0	%
Xxxxxx Xxxxxxx		FF		12,000		—		—		—		—		—		—		—		—		—		12,000		0.01	%	—		0.0	%
Xxxxx Xxxxxxx		FF		12,000		—		—		—		—		—		—		—		—		—		12,000		0.01	%	—		0.0	%
Xxxxx X. Xxxxx		T		4,011		—		—		—		—		—		—		—		—		—		4,011		0.00	%	—		0.0	%
Xxxxx X. Xxxxx		T		1,319		—		—		—		—		—		—		—		—		—		1,319		0.00	%	—		0.0	%
Xxxx Xxxxxx Xxxxxxx		CE		33,333		—		—		—		—		—		—		—		—		—		33,333		0.04	%	—		0.0	%
Xxxxxx Xxxxxx		FE		6,250		—		—		—		—		—		—		—		—		—		6,250		0.01	%	—		0.0	%
Xxxxxx Xxxxxxx		FE		291		—		—		—		—		—		—		—		—		—		291		0.00	%	—		0.0	%

		ISSUED AND OUTSTANDING WARRANTS																		OUTSTANDING		Fully Diluted
Shareholder		Common Stock		Series B Preferred		Series C Preferred		Series D Preferred		Series E Preferred		Series 1 Preferred		Series 2 Preferred		Series F Preferred		TOTAL		Stock Options		Shares		% Own
Xxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		2,505		0.00	%
Xxxxxx X. Xxxx		—		—		—		—		—		—		—		—		—		—		2,198		0.00	%
Xxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		1,966		0.00	%
Xxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		1,770		0.00	%
Fangping Chen		—		—		—		—		—		—		—		—		—		—		1,624		0.00	%
Xxxxx Xxxx		—		—		—		—		—		—		—		—		—		—		1,354		0.00	%
Xxxxxx Xxxxxxxxx		—		—		—		—		—		—		—		—		—		—		1,566		0.00	%
Xxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		1,249		0.00	%
Xxxxxxx Xxxxxxxxxx		—		—		—		—		—		—		—		—		—		—		1,124		0.00	%
Xxxxxxx Xxxxx & Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		9,189		0.01	%
Xxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		937		0.00	%
Xxxxx Xx		—		—		—		—		—		—		—		—		—		—		625		0.00	%
Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		472,856		0.44	%
Xxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		496,876		575,000		0.53	%
Xxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		5,000		0.00	%
Xxxxxx Xxxxxxxxx		—		—		—		—		—		—		—		—		—		—		21,400		0.02	%
Xxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		24,009		0.02	%
Xxxxxxxx Xxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		8,911		0.01	%
Xxxxxxxx Xxxxxx Xxxxx & Xxxxxxx Xxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		2,054		0.00	%
Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		16,963		0.02	%
Xxx X. Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		10,152		0.01	%
Xxxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		5,833		0.01	%
Xxxxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		18,896		0.02	%
Xxxxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		1,089,829		1,089,829		1.01	%
Xxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		996,014		996,014		0.92	%
Xxxxxxxxxxx X. Xxxxxxxxxx		—		—		—		—		—		—		—		—		—		579,898		579,898		0.53	%
Xxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		32,768		0.03	%
Xxxxxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		29,375		0.03	%
Xxxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		382,500		427,500		0.39	%
Xxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		13,309		0.01	%
Xxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		66,308		0.06	%
Xxxxxxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		66,310		0.06	%
VNAdvisors, LLC		—		—		—		—		—		—		—		—		—		—		435,000		0.40	%
Xxxxxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		1,477		0.00	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		70,462		0.06	%
Santosh Kalki		—		—		—		—		—		—		—		—		—		—		21,366		0.02	%
Xxxxxxx X. Xxxxxxx		—		—		—		—		—		—		—		—		—		—		5,680		0.01	%
Xxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		231,509		0.21	%
Xxxxx X. Xxxxxxxxx Revocable Trust		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Cedar Equities, LLC		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Covenant Foundation, Inc.		—		—		—		—		—		—		—		—		—		—		113,609		0.10	%
Xxxxxx X. Xxxxxx, Xx.		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxx Xxxx		—		—		—		—		—		—		—		—		—		—		5,680		0.01	%
Xxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxx X. Weekly		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxx Weekly Family Foundation		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxx X. Xxxxx and Xxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		5,680		0.01	%
GEEJOHN LLC		—		—		—		—		—		—		—		—		—		—		5,680		0.01	%
Xxxxxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		11,361		0.01	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		115,753		0.11	%
Xxxxx Investment Holdings LP		—		—		—		—		—		—		—		—		—		—		34,083		0.03	%
JDC Management, Inc.		—		—		—		—		—		—		—		—		—		—		115,753		0.11	%
JMM PHLP, Ltd.		—		—		—		—		—		—		—		—		—		—		115,753		0.11	%
Xxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		11,361		0.01	%
Xxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		51,124		0.05	%
Xxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		51,124		0.05	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		11,361		0.01	%
Nuevo Capital Partners, LP		—		—		—		—		—		—		—		—		—		—		115,753		0.11	%
RAM Funds Ltd.		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxxx X. Xxxxxxx		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxx X. Xxxxxxx		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxx X. Xxxxxx Revocable Trust DTD 12/22/94		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxxxxx Investment Limited Partnership		—		—		—		—		—		—		—		—		—		—		113,609		0.10	%
ST Investments Limited Partnership		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxxx X. Shaper		—		—		—		—		—		—		—		—		—		—		56,805		0.05	%
Middlemarch Capital Partners		—		—		—		—		—		—		—		—		—		—		1,073		0.00	%
Xxxx Xxxxxxx Family Limited Partnership		—		—		—		—		—		—		—		—		—		—		45,444		0.04	%
Xxxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxx X. Xxxxx, Xx.		—		—		—		—		—		—		—		—		—		—		6,816		0.01	%
Mission City Management, Inc.		—		—		—		—		—		—		—		—		—		—		2,144		0.00	%
Xxxxxxx X. Xxxx		—		—		—		—		—		—		—		—		—		—		45,444		0.04	%
BF Private Capital, LP		—		—		—		—		—		—		—		—		—		—		9,089		0.01	%
Xxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		4,544		0.00	%
JAMA 1 Ltd.		—		—		—		—		—		—		—		—		—		—		2,272		0.00	%
Z Start I, L.P.		—		—		—		—		—		—		—		—		—		—		22,722		0.02	%
Xxxxxx X. Xxxxxxxxx		—		—		—		—		—		—		—		—		—		—		18,451		0.02	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		16,833		0.02	%
Xxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		110,000		0.10	%
Xxxxx X. Xxxxx & Xxxxxxx X. Xxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		1,353		0.00	%
Xxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		137,250		0.13	%
Xxxx Xxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		5,799		0.01	%
Xxxxx Xxxxxxxxxxx & Xxxxxxxxx Xxxxxxxxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		36,667		0.03	%
Xxxxxx Xxxx and Xxxxxx Xxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		10,648		0.01	%
Xxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		267		0.00	%
Xxxxxxxx Xxxx		—		—		—		—		—		—		—		—		—		—		2,187		0.00	%
Xxxxxx and Xxxxx Xxxxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		12,000		0.01	%
Xxxxxxx and Xxxxx Xxxxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		12,000		0.01	%
Xxxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		12,000		0.01	%
Xxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		12,000		0.01	%
Xxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		12,000		0.01	%
Xxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		4,011		0.00	%
Xxxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		1,319		0.00	%
Xxxx Xxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		46,667		80,000		0.07	%
Xxxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		6,250		0.01	%
Xxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		291		0.00	%

TANGOE, INC.

CAP TABLE

AS OF DECEMBER 31, 2010

				Issued and Outstanding Stock
Shareholder		Status		Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred		Series F Preferred		Series 1 Preferred		Series 2 Preferred		Total		% of Outstanding		Preferred Shares		% Pref
Xxxxx X. Xxxxxx, Custodian for Xxxxx Xxxxxx Xxxxxx UGTMA		T		6,786		—		—		—		—		—		—		—		—		—		6,786		0.01	%	—		0.0	%
Xxxxx X. Xxxxxx		T		6,786		—		—		—		—		—		—		—		25,054		2,137		33,977		0.04	%	27,191		0.0	%
Xxxxxx X. Xxxx		T		14,090		—		—		—		—		—		—		—		47,708		62,634		124,432		0.15	%	110,342		0.2	%
Xxxxx Xxxxxx		T		1,071		—		—		—		—		—		—		—		7,882		—		8,953		0.01	%	7,882		0.0	%
Xxxxxxx Xxxx		T		2,142		—		—		—		—		—		—		—		15,764		—		17,906		0.02	%	15,764		0.0	%
Xxx Xxxxxxx		T		7,126		—		—		—		—		—		—		—		—		—		7,126		0.01	%	—		0.0	%
Xxx Xxxxxxxx		T		4,175		—		—		—		—		—		—		—		—		—		4,175		0.01	%	—		0.0	%
X.X. Xxxx Limited Partnership		T		12,527		—		—		—		—		—		—		—		—		—		12,527		0.02	%	—		0.0	%
Xxxxx X. Xxxxxx		T		15,658		—		—		—		—		—		—		—		—		—		15,658		0.02	%	—		0.0	%
Xxxx Xxxxxxx		former director		51,426		—		—		—		—		—		—		—		—		—		51,426		0.06	%	—		0.0	%
Xxxxxxx Xxxxxxxx		T		1,929		—		—		—		—		—		—		—		—		—		1,929		0.00	%	—		0.0	%
Xxxxx Xxxxxx		T		5,066		—		—		—		—		—		—		—		—		—		5,066		0.01	%	—		0.0	%
Xxxxx Xxxxx		T		1,826		—		—		—		—		—		—		—		—		—		1,826		0.00	%	—		0.0	%
Xxxx X. Xxxxx		T		438		—		—		—		—		—		—		—		3,227		—		3,665		0.00	%	3,227		0.0	%
Xxxxxxx Xxxx		CE		42,857		—		—		—		—		—		—		—		—		—		42,857		0.05	%	—		0.0	%
Xxxxxxxx Xxxxxxx		FE		3,437		—		—		—		—		—		—		—		—		—		3,437		0.00	%	—		0.0	%
Xxxxxxx X. Xxxxxx & Xxxxxxxxx Xxxx, JTWROS		CE		750		—		—		—		—		—		—		—		—		—		750		0.00	%	—		0.0	%
Xxxxxx Xxxxxxx		FE		271		—		—		—		—		—		—		—		—		—		271		0.00	%	—		0.0	%
Xxx Xxxxxxxxxxx & Xxxxx Xxxxxxxxx, JTWROS		CE		5,000		—		—		—		—		—		—		—		—		—		5,000		0.01	%	—		0.0	%
Xxxxxxxx Xxxxx		FE		15,312		—		—		—		—		—		—		—		—		—		15,312		0.02	%	—		0.0	%
Xxxx Xxxxxx, Xx. & Xxxxx Xxxxxx, JTWROS		CE		501		—		—		—		—		—		—		—		—		—		501		0.00	%	—		0.0	%
Xxxxxx Xxxxxxx Xxxxxxxx		FF		25,000		—		—		—		—		—		—		—		—		—		25,000		0.03	%	—		0.0	%
Xxxxxxx Xxxxxx Xxxxxxxx		FF		25,000		—		—		—		—		—		—		—		—		—		25,000		0.03	%	—		0.0	%
Xxxxxxx Xxxx		FE		15,104		—		—		—		—		—		—		—		—		—		15,104		0.02	%	—		0.0	%
Xxxxxx Xxxxx Xxxx		CE		545		—		—		—		—		—		—		—		—		—		545		0.00	%	—		0.0	%
Xxxx Xxxxxxxxx		FE		531		—		—		—		—		—		—		—		—		—		531		0.00	%	—		0.0	%
Xxxxx Xxxxxxxx		FE		833		—		—		—		—		—		—		—		—		—		833		0.00	%	—		0.0	%
Xxxxxxxx Xxxxxxxx & Xxxxx Xxxxxxxx		FE		54,783		—		—		—		—		—		—		—		—		—		54,783		0.07	%	—		0.0	%
Total Issued and Outstanding				16,369,834		1,928,479		8,395,086		4,099,539		2,961,881		4,235,759		10,810,810		10,190,218		21,856,825		2,505,354		83,353,785				66,983,951		100.0	%
OPTIONS OUTSTANDING BUT NOT LISTED ON THIS CAP TABLE
OPTIONS AVAILABLE TO BE ISSUED
TOTAL SHARES				16,369,834		1,928,479		8,395,086		4,099,539		2,961,881		4,235,759		10,810,810		10,190,218		21,856,825		2,505,354		83,353,785				66,983,951		100.0	%

				Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred		Series F Preferred		Series 1 Preferred		Series 2 Preferred		Total Shares
FULLY DILUTED				40,081,085		1,928,479		8,395,086		4,114,539		2,990,119		4,235,759		10,979,729		11,040,218		21,856,825		2,809,754		108,431,593
% FULLY DILUTED				36.96	%	1.78	%	7.74	%	3.79	%	2.76	%	3.91	%	10.13	%	10.18	%	20.16	%	2.59	%	100.00	%
Total shares to reserve for				116,560,808		1,928,479		8,395,086		4,114,539		2,990,119		4,235,759		10,979,729		11,040,218		21,856,825		2,809,754
Total shares authorized by certificate				120,400,000		3,780,000		8,407,642		4,114,539		2,990,119		4,235,759		10,979,729		11,040,218		21,863,424		2,809,754

Subbloie Gift/family details:				# of common
Shareholder				shares		certif date		certif #				* IBM Reserved Shares:				8,129,215
Xxxxxx X. Xxxxxxxx, Xx.				15,000		8/8/2002 8/4/2009		78 292				Add'l warrant shares may become vested based on performance milestones
Xxxx Xxxxxxxx				15,000		8/8/2002 8/4/2009		79 293
Xxxxx X. Xxxxxx				3,000		8/8/2002		80
Xxxxxx Xxxx				3,000		8/8/2002		81
Xxxxxxxxx Xxxxxx				3,000		8/8/2002		82
Xxx Xxxxx				2,000		8/8/2002		83
Xxxx Xxxxxxxxx Xx.				2,000		8/8/2002		84
Xxxxx Xxxxxxxxx				2,000		8/8/2002		85
Xxx Xxxxxxxxx				1,500		8/8/2002		86
Xxxxxxxxx Xxxxxxxxx				1,500		8/8/2002		87
Xxxxx Xxxxxxxx				10,000		8/8/2002		88
Xxxxxx Xxxxxxx				3,000		8/8/2002		89
Xxxx Xxxxxxxx				2,000		8/8/2002		90
Xxx Xxxxxxxxx				1,000		8/8/2002		91
Xxxxxxx Xxxxxxxxx				1,000		8/8/2002		92
Xxxxxx Xxxxxxxxx				1,000		8/8/2002		93
Xxxxxxx Xxxxxxxxx				1,000		8/8/2002		94
Xxxxxxx Xxxxxxxxx				1,000		8/8/2002		95
Xxx Xxxxxxxxx				1,000		8/8/2002		96
Xxxx Xxxxxxxxx				1,000		8/8/2002		97
Subbloie Gift totals				70,000

		ISSUED AND OUTSTANDING WARRANTS																		OUTSTANDING		Fully Diluted
		Common Stock		Series B Preferred		Series C Preferred		Series D Preferred		Series E Preferred		Series 1 Preferred		Series 2 Preferred		Series F Preferred		TOTAL		Stock Options		Shares		% Own
Xxxxx X. Xxxxxx, Custodian for Xxxxx Xxxxxx Xxxxxx UGTMA		—		—		—		—		—		—		—		—		—		—		6,786		0.01	%
Xxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		—		33,977		0.03	%
Xxxxxx X. Xxxx		—		—		—		—		—		—		—		—		—		—		124,432		0.11	%
Xxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		8,953		0.01	%
Xxxxxxx Xxxx		—		—		—		—		—		—		—		—		—		—		17,906		0.02	%
Xxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		7,126		0.01	%
Xxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		4,175		0.00	%
X.X. Xxxx Limited Partnership		—		—		—		—		—		—		—		—		—		—		12,527		0.01	%
Xxxxx X. Xxxxxx		—		—		—		—		—		—		—		—		—		—		15,658		0.01	%
Xxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		62,634		114,060		0.11	%
Xxxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		1,929		0.00	%
Xxxxx Xxxxxx		—		—		—		—		—		—		—		—		—		—		5,066		0.00	%
Xxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		1,826		0.00	%
Xxxx X. Xxxxx		—		—		—		—		—		—		—		—		—		—		3,665		0.00	%
Xxxxxxx Xxxx		—		—		—		—		—		—		—		—		—		177,143		220,000		0.20	%
Xxxxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		3,437		0.00	%
Xxxxxxx X. Xxxxxx & Xxxxxxxxx Xxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		750		0.00	%
Xxxxxx Xxxxxxx		—		—		—		—		—		—		—		—		—		—		271		0.00	%
Xxx Xxxxxxxxxxx & Xxxxx Xxxxxxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		5,000		0.00	%
Xxxxxxxx Xxxxx		—		—		—		—		—		—		—		—		—		—		15,312		0.01	%
Xxxx Xxxxxx, Xx. & Xxxxx Xxxxxx, JTWROS		—		—		—		—		—		—		—		—		—		—		501		0.00	%
Xxxxxx Xxxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		25,000		0.02	%
Xxxxxxx Xxxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		25,000		0.02	%
Xxxxxxx Xxxx		—		—		—		—		—		—		—		—		—		—		15,104		0.01	%
Xxxxxx Xxxxx Xxxx		—		—		—		—		—		—		—		—		—		39,072		39,617		0.04	%
Xxxx Xxxxxxxxx		—		—		—		—		—		—		—		—		—		—		531		0.00	%
Xxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		833		0.00	%
Xxxxxxxx Xxxxxxxx & Xxxxx Xxxxxxxx		—		—		—		—		—		—		—		—		—		—		54,783		0.05	%
		3,419,554		—		15,000		28,238		168,919		—		304,400		850,000		4,786,111		12,624,832		100,764,728		92.93	%
																				7,379,432		7,379,432		6.81	%
																				287,433		287,433		0.27	%
		3,419,554		—		15,000		28,238		168,919		—		304,400		850,000		4,786,111		20,291,697		108,431,593		100.00	%

TANGOE, INC.

CAP TABLE

AS OF DECEMBER 31, 2010

Edison Venture Outstanding details:				Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred				Series 1 Preferred		Series 2 Preferred		Total				Preferred shs		%
Edison Venture Fund IV L.P.				—		—		—		—		1,529,573		1,568,800		1,331,081				—		—		4,429,454				4,429,454
Edison Venture Fund IV SBIC, L.P.				—		—		8,170,464		3,823,724		1,215,814		—		—				—		—		13,210,002				13,210,002
				—		—		8,170,464		3,823,724		2,745,387		1,568,800		1,331,081				—		—		17,639,456
HO2.1 Group Outstanding Shares details:				Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred				Series 1 Preferred		Series 2 Preferred		Total				shs		%
HO2.1 Fund, L.P.				237,578		—		—		—		—		—		—				3,464,124		—		3,701,000				0000000
HO2.1 Affiliates Fund, L.P.				16,355		—		—		—		—		—		—				238,445		—		254,800				254800
HO2.1 Annex Fund, L.P.				—		—		—		—		—		—		—				446,271		—		446,271				446271
				253,933		—		—		—		—		—		—				4,148,840		—		4,402,773
Xxxxx Xxxxx Group Outstanding Shares details:				Common Stock		Series A Preferred		Series B Preferred		Series C Preferred		Series D Preferred		Series D1 Preferred		Series E Preferred				Series 1 Preferred		Series 2 Preferred		Total				shs		%
Xxxxx Xxxxx Fund VI L.P.				281,226		—		—		—		—		—		—				5,598,525		—		5,879,751				5,598,525
Xxxxx Xxxxx VI Affiliates Fund L.P.				22,149		—		—		—		—		—		—				440,876		—		463,025				440,876
Xxxxx Xxxxx Fund VIII, L.P.				—		—		—		—		—		—		—				4,998,240		2,321,036		7,319,276				7,319,276
Xxxxx Xxxxx VIII Affiliates Fund, L.P.				—		—		—		—		—		—		—				102,005		47,367		149,372				149,372
Xxxxx Xxxxx Xxxxxxx Management Company				660		—		—		—		—		—		—				5,106		—		5,766				5,106
				304,035		—		—		—		—		—		—				11,144,752		2,368,403		13,817,190

Edison Venture Outstanding details:				Shares		% Own		% actual  outstanding
Edison Venture Fund IV L.P.				4,429,454		4.09	%	5.31	%
Edison Venture Fund IV SBIC, L.P.				13,210,002		12.18	%	15.85	%
						16.27	%
HO2.1 Group Outstanding Shares details:				Shares		% Own
HO2.1 Fund, L.P.				3,701,702		3.41	%	4.44	%
HO2.1 Affiliates Fund, L.P.				254,800		0.23	%	0.31	%
HO2.1 Annex Fund, L.P.				446,271		0.41	%	0.54	%
				4,402,773		4.06	%
Xxxxx Xxxxx Group Outstanding Shares details:				Shares		% Own
Xxxxx Xxxxx Fund VI L.P.				5,879,751		5.42	%	7.05	%
Xxxxx Xxxxx VI Affiliates Fund L.P.				463,025		0.43	%	0.56	%
Xxxxx Xxxxx Fund VIII, L.P.				7,319,276		6.75	%	8.78	%
Xxxxx Xxxxx VIII Affiliates Fund, L.P.				149,372		0.14	%	0.18	%
Xxxxx Xxxxx Xxxxxxx Management Company				5,766		0.01	%	0.01	%
				13,817,190		12.74	%