RingCentral

RingCentral is a provider of cloud communications and collaboration solutions that unifies voice, video, online meetings and team messaging. Read more

7,709 Followers on Owler
7,709 Followers on Owler
7,709 Followers on Owler
7,709 Followers on Owler

RingCentral

RingCentral is a provider of cloud communications and collaboration solutions that unifies voice, video, online meetings and team messaging. Read more

Vladimir Shmunis's photo - Chairman & CEO of RingCentral

Chairman & CEO

Vladimir Shmunis

CEO Approval Rating

74/100

Founded:

1999

Status:

PublicIndependent CompanyNYSERNG

RINGCENTRAL TOP COMPETITORS OR ALTERNATIVES

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Microsoft is RingCentral's top competitor. Microsoft was founded in 1975 in Redmond, Washington. Microsoft competes in the Internet Software field. Microsoft generates $158.8B more revenue than RingCentral.

Zoom is perceived as one of RingCentral's biggest rivals. Zoom's headquarters is in San Jose, California, and was founded in 2011. Zoom is in the Internet Software industry. Zoom generates 223% of RingCentral's revenue.

Cisco is one of RingCentral's top competitors. Cisco is a Public company that was founded in San Jose, California in 1984. Cisco operates in the Telecommunications Equipment industry. Cisco has 75,629 more employees vs. RingCentral.

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RingCentral Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1.2B

RingCentral's revenue is the ranked 9th among it's top 10 competitors. The top 10 competitors average 43.4B. Over the last four quarters, RingCentral's revenue has grown by 26.8%. Specifically, in Q1 2021's revenue was $352.4M; in Q4 2020, it was $334.5M; in Q3 2020, it was $303.6M; in Q2 2020, RingCentral's revenue was $278M.

RingCentral Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Kindite Ltd.

Mar 2021

Source »
undisclosed
Kindite is an Israel-based cryptographic platform that mitigates and reduces security and privacy risks to enterprise information and applications in the cloud.
DeepAffects

Dec 2020

Source »
undisclosed
DeepAffects is an AI-based speech analysis platform that offers conversation intelligence solutions for businesses.
Connect First

Jan 2019

Source »
undisclosed
Connect First is a cloud-based customer engagement platform that allows enterprises to manage their compliance rules and regulations.
Dimelo SA

Oct 2018

Source »
undisclosed
Dimelo develops a cloud-based platform that helps enterprises to manage their digital customer interactions.
Glip, Inc.

Jun 2015

Source »
undisclosed
Glip is a business collaborative application that enables users to plan, share and organize work from desktop to mobile.

These are all the companies that RingCentral has acquired. RingCentral has acquired 6 companies and its latest acquisition was Kindite Ltd. in Mar 2021. Kindite is an Israel-based cryptographic platform that mitigates and reduces security and privacy risks to enterprise information and applications in the cloud.

RingCentral Funding History

Since RingCentral was founded in 1999, it has participated in 6 rounds of funding. In total RingCentral has raised $141.5M. RingCentral's last funding round was on Sep 2013 for a total of $97.5M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Sep 2013
$97.5M
-
Series D
Aug 2011
$10M
Series C
Oct 2010
$10M
Series B
Jan 2008
$12M
Series A
Aug 2007
$12M

Since RingCentral was founded in 1999, it has participated in 6 rounds of funding. In total RingCentral has raised $141.5M. RingCentral's last funding round was on Sep 2013 for a total of $97.5M

RingCentral Investments

No recent investments found related to RingCentral

These are all the companies that RingCentral has invested in. RingCentral has invested 6 companies and its latest investment was Kindite Ltd. in Mar 2021. Kindite is an Israel-based cryptographic platform that mitigates and reduces security and privacy risks to enterprise information and applications in the cloud.

RingCentral News

May 10, 2021News Break

Verizon Business and RingCentral Deliver Cloud-based Enterprise Solutions - News Break

Verizon Business announced a new strategic partnership with RingCentral, Inc., which will bring cloud... See more »
May 10, 2021ChannelE2E

Verizon, RingCentral Announce Unified Communications Solution Partnership - ChannelE2E

Verizon Business and RingCentral announced a UC partnership to bring cloud-based unified communicatio... See more »
May 10, 2021Channel Futures

Verizon, RingCentral Team up for Co-Branded UCaaS Offering

Verizon and RingCentral launched a co-branded collaboration offering that combines RingCentral's UCaa... See more »
April 29, 2021TMCnet

CNIB Selects RingCentral to Modernize Communications, Further Mission

The CNIB chose RingCentral as its communications provider, as it offers more accessible cloud communi... See more »
April 27, 2021UC Today

Avaya Cloud Office Hits New Territories

Leading communication companies Avaya and RingCentral recently announced a global expansion, and new ... See more »
April 23, 2021Benzinga

Looking Into RingCentral's Return On Capital Employed

During Q4, RingCentral (NYSE:RNG) brought in sales totaling $334.54 million. However, earnings decrea... See more »
April 23, 2021UC Today

RingCentral Releases Raft of Video Updates

RingCentral has released a host of new features for its RingCentral Video product. The new functional... See more »

RingCentral Blogs

November 10, 2020RingCentral Blog

5 key takeaways from COVID-19 about remote work

Highlights 41% of people working remotely report higher productivity than when they worked in the off... See more »
November 10, 2020RingCentral Blog

Emoji reactions: a fun and efficient way to respond to team messages

Highlights Emoji reactions will be available this week on the RingCentral app Choose any emoji in the... See more »
November 10, 2020RingCentral Blog

How to grow a small business: The fundamentals

Fact: only 50% of small businesses survive beyond five years.1 Also fact: you’re reading this becaus... See more »
November 9, 2020RingCentral Blog

The guide to organizing your business for long-term success

Does this sound familiar? You’re gearing up for another work day, coffee at the ready. You’re hit wi... See more »
November 6, 2020RingCentral Blog

3 questions organizations should ask themselves about long-term remote work

Highlights Businesses are considering long-term remote work plans Switching from temporary to long-t... See more »
November 6, 2020RingCentral Blog

Total experience: why TX is the new tech buzzword you need to know

'Tis the season. While there's much about 2020 that doesn't look anything like a normal year, some th... See more »
November 6, 2020RingCentral Blog

4 old practices that won't work after COVID

It's not news that COVID-19 suddenly, unexpectedly, and dramatically turned the business world on its... See more »

RingCentral Press Releases

November 19, 2020Business Wire

Veteran Software Executive Rajesh "Nat" Natarajan Joins RingCentral to Lead Product and Engineering

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--Veteran software executive Nat Natarajan joins RingC... See more »
November 16, 2020Business Wire

RingCentral's CEO, CFO, and Investor Relations Named to Institutional Investor's 2021 All-America Executive Team

BELMONT, Calif.--(BUSINESS WIRE)-- #RingCentral--RingCentral executive and investor relations leaders... See more »
November 12, 2020Business Wire

Avaya Cloud Office UCaaS Solution Introduced in Five Additional Markets

RALEIGH-DURHAM, N.C. & BELMONT, Calif.--(BUSINESS WIRE)--Avaya (NYSE: AVYA) and RingCentral Inc. (NYS... See more »
November 12, 2020PRWIRE

Remote Work Research Reveals Importance of a 'Connected Culture' for Knowledge Workers

RingCentral Australia Pty Ltd, a leading provider of global enterprise cloud communications, collabor... See more »
November 11, 2020Business Wire

New Study Reveals Boost in Employee Productivity and Well-Being Among Companies That Foster a 'Connected Culture' in Work from Anywhere Environment

BELMONT, Calif.--(BUSINESS WIRE)-- #Covid--RingCentral releases findings of its Connected Culture Rep... See more »
September 10, 2020Business Wire

AimBank Transforms Business Communications and Drives Customer Engagement with RingCentral's Cloud Communications Solution Across 27 Locations

BOSTON--(BUSINESS WIRE)--Nucleus Research, a global provider of ROI-focused technology research and a... See more »
November 19, 2019StreetInsider

Crelate Announces New Integration that Enables Calling and Texting for Recruiters Using RingCentral

SEATTLE (PRWEB) November 19, 2019 Crelate, a leading provider of recruiting software solutions for ta... See more »

RingCentral Videos

Social Media

RingCentral Headquarters

20 Davis Drive

Belmont, California94002

833-612-1209

Driving Directions »

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RingCentral Summary

ABOUT

Overview

Ringcentral Inc. (NYSE: RNG) provides cloud computing based phone systems for small and medium-sized businesses. Founded in 1999 and headquartered in Belmont, California, it has offices in Denver, Colorado; Charlotte, NC; Toronto, Canada; Singapore; M...

CEO

RingCentral's Chairman & CEO, Vladimir Shmunis, currently has an approval rating of 74%. RingCentral's primary competitors are Microsoft, Zoom & Cisco.

Website

ringcentral.com

Frequently Asked Questions about RingCentral

  1. When was RingCentral founded?

    RingCentral was founded in 1999
  2. Who is RingCentral's CEO?

    RingCentral's CEO is Vladimir Shmunis
  3. How much revenue does RingCentral generate?

    RingCentral generates $1.2B in revenue
  4. How much funding does RingCentral have?

    RingCentral has historically raised $141.5M in funding
  1. Where is RingCentral's headquarters?

    RingCentral's headquarters is in Belmont California, USA
  2. How many employees does RingCentral have?

    RingCentral has 1,871 employees
  3. What sector does RingCentral operate in?

    RingCentral is in Telecommunication, Messaging
  4. Who are RingCentral's competitors?

    RingCentral's top competitors are Microsoft, Zoom, Cisco