ringcentral

  • Cloud-Based Phone Service RingCentral To Debut At $13 On NYSE, Offering 7.5M Shares To Raise $97.5M

    Cloud-Based Phone Service RingCentral To Debut At $13 On NYSE, Offering 7.5M Shares To Raise $97.5M

    RingCentral, the cloud-based phone service, will open trading tomorrow on the New York Stock Exchange at $13 per share, offering 7.5 million shares and raising $97 million. It will trade under the ticket symbol “RNG.” Violin Memory, a Flash¬†memory¬†provider, will also debut tomorrow under the symbol “VMEM.” Its final trading price has not been disclosed, but a mid-range… Read More

  • Sequoia- And Khosla-Backed Cloud Phone Company RingCentral Files For $100M IPO

    Sequoia- And Khosla-Backed Cloud Phone Company RingCentral Files For $100M IPO

    RingCentral, a company offering cloud-based phone and communication systems, has filed for an initial public offering of up to $100 million. Incorporated all the way back in 1999, San Mateo, Calif.-based RingCentral says it saw revenue of $50.2 million in 2010, $78.9 million in 2011, and $114.5 million in 2012. However, it’s also experiencing growing losses, with net losses of $7.3… Read More

  • RingCentral Launches New Mobile, Cloud-Based Phone System For Businesses

    RingCentral Launches New Mobile, Cloud-Based Phone System For Businesses

    Cloud-based phone systems provider RingCentral is debuting a new version of its platform that allows businesses to setup, manage and use their phone system from mobile devices. RingCentral, which is backed by Scale Ventures, Cisco, Sequoia Capital, Khosla Ventures, DAG Ventures, and Silicon Valley Bank, markets an advanced, cloud-based replacement for legacy phone systems in the form of a… Read More

  • Eyeing An IPO, Cloud-Based Phone System RingCentral Raises $10M From Cisco And Others

    Eyeing An IPO, Cloud-Based Phone System RingCentral Raises $10M From Cisco And Others

    Cloud-based phone systems provider RingCentral has raised $10 million in new funding from new investor Scale Venture Partners and Cisco. The company previously raised $45 million in funding from Cisco, Sequoia Capital, Khosla Ventures, DAG Ventures, and Silicon Valley Bank. RingCentral markets an advanced, cloud-based replacement for legacy phone systems in the form of a hosted business… Read More

  • RingCentral Rings In Another $10 Million From Khosla, Sequoia

    According to an SEC filing, cloud-based phone systems provider RingCentral has raised $10 million in its third institutional financing round (with another $851,240 remaining to be sold). The filing lists previous investors Khosla Ventures and Sequoia Capital – it’s unclear whether the company’s third backer, DAG Ventures, also participated. Read More

  • Voice May Join Google's Enterprise Lineup

    GrandCentral, which Google acquired in 2007, relaunched as Google Voice way back in March. It’s still technically in private beta, but invitations aren’t all that hard to find. From what we’ve heard, Google is very seriously planning to add a version of the Google Voice product to its Apps/Office suite of applications for businesses. Currently, businesses are offered… Read More

  • Interview: Vinod Khosla Is On The Hunt For Great Technologies

    In venture capital, Vinod Khosla likes to go his own way, which is why he’s been so successful. He was the founding CEO of Sun Microsystems, and then moved to venture capital and became a star partner at Kleiner Perkins, where he backed Juniper Networks, Cerent (sold to Cisco for $7 billion) and NexGen (sold to AMD and formed the basis for its challenge to Intel). About five years… Read More

  • RingCentral Gets $12 Million More To Help You "Look Like A Bigger Company"

    Silicon Valley based RingCentral offers businesses a virtual telephone system (they say “Sound more professional, look like a bigger company”). It’s sort of a super-Vonage, but targeted to businesses first. And they have a lot more features, including a virtual PBX to manage multiple lines and “greetings recorded by professional voice talent.” The company took… Read More

  • RingCentral Raises $12 Million From Khosla And Sequoia

    RingCentral provides phone system integration and utilities to a traditionally under-served category, small to medium sized businesses. Similar to GrandCentral, RingCentral (founded in 1998) uses a virtual number to offer more services to their users existing mobile, fax, and landlines. RingCentral numbers can feature an auto-attendant, multiple extensions, call forwarding, voicemail… Read More