About RingCentral
RingCentral is a company based in Belmont (United States) founded in 1999 by Vlad Vendrow.. RingCentral has raised $44 million across 8 funding rounds from investors including SVB, Accel and Khosla Ventures. The company has 4,260 employees as of December 31, 2024. RingCentral has completed 7 acquisitions, including CommunityWFM, Connect First and DeepAffects. RingCentral offers products and services including RingEX, RingCX, AI Receptionist, and RingSense. RingCentral operates in a competitive market with competitors including Dialpad, Fuze, Webex, Weave and Simpplr, among others.
- Headquarter Belmont, United States
- Employees 4260 as on 31 Dec, 2024
- Founders Vlad Vendrow
- Stage Public
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Ringcentral, Inc.
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Annual Revenue
$2.4 B8.99as on Dec 31, 2024
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Net Profit
$-58.29 M64.73as on Dec 31, 2024
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EBITDA
$258.64 M240.46as on Dec 31, 2024
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Total Equity Funding
$44 M (USD)
in 8 rounds
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Latest Funding Round
$650 M (USD), Post-IPO
Sep 10, 2020
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Investors
SVB
& 10 more
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Employee Count
4260
as on Dec 31, 2024
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Investments & Acquisitions
CommunityWFM
& 6 more
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IPO & Listings of RingCentral
RingCentral is a publicly listed company on the NYSE with ticker symbol RNG in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of RingCentral
RingCentral offers a comprehensive portfolio of products and services, including RingEX, RingCX, AI Receptionist, and RingSense. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for AI-powered calls, messages, and meetings.
Manages agents and improves customer satisfaction with AI.
Handles calls and inquiries automatically for businesses.
Provides insights from customer interactions via AI.
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Sales and Marketing
104 people
Leadership Team
100 people
Software Development Team
62 people
Product Management Team
37 people
Customer Team
32 people
Senior Team
31 people
Finance and Accounting
17 people
Human Resources and Administration
13 people
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Funding Insights of RingCentral
RingCentral has successfully raised a total of $44M across 8 strategic funding rounds. The most recent funding activity was a Post-IPO round of $650 million completed in September 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 8
- Last Round Post-IPO — $650.0M
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First Round
First Round
(21 Sep 2007)
- Investors Count 11
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2020 | Amount | Post-IPO - RingCentral | Valuation |
investors |
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| Feb, 2020 | Amount | Post-IPO - RingCentral | Valuation |
investors |
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| Mar, 2018 | Amount | Post-IPO - RingCentral | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RingCentral
RingCentral has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include SVB, Accel and Khosla Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Venture capital firm focused on early-stage technology companies
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Founded Year | Domain | Location | |
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Sequoia Capital is engaged in venture capital investments.
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RingCentral
RingCentral has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include CommunityWFM, Connect First and DeepAffects. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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An AI-driven voice intelligence platform is provided for enterprise applications.
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2017 | ||||
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Stealth Mode: Encryption based cloud data security
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2016 | ||||
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Enterprise collaboration is enabled via integrated chat and task features.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - RingCentral
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Ringcentral Comparisons
Competitors of RingCentral
RingCentral operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Dialpad, Fuze, Webex, Weave and Simpplr, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions including voice and video are provided.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Omnichannel software is delivered for customer engagement in healthcare businesses.
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| domain | founded_year | HQ Location |
An AI platform is utilized for connecting employees across organizations.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Ringcentral
Frequently Asked Questions about RingCentral
When was RingCentral founded?
RingCentral was founded in 1999 and raised its 1st funding round 8 years after it was founded.
Where is RingCentral located?
RingCentral is headquartered in Belmont, United States. It is registered at Belmont, California, United States.
Is RingCentral a funded company?
RingCentral is a funded company, having raised a total of $44M across 8 funding rounds to date. The company's 1st funding round was a Post-IPO of $460M, raised on Sep 21, 2007.
How many employees does RingCentral have?
As of Dec 31, 2024, the latest employee count at RingCentral is 4,260.
What is the annual revenue of RingCentral?
Annual revenue of RingCentral is $2.4B as on Dec 31, 2024.
What does RingCentral do?
RingCentral was founded in 1999 and is based in Belmont, United States. A cloud platform is operated to deliver unified communications, with capabilities such as video and audio conferencing, team messaging, screen and file sharing, online meeting management, real-time analytics, and live reports. Industries served include healthcare, education, finance, retail, government, and nonprofits. Subscription-based access is provided for users across these areas.
Who are the top competitors of RingCentral?
What products or services does RingCentral offer?
RingCentral offers RingEX, RingCX, AI Receptionist, and RingSense.
Is RingCentral publicly traded?
Yes, RingCentral is publicly traded on NYSE under the ticker symbol RNG.
How many acquisitions has RingCentral made?
RingCentral has made 7 acquisitions, including CommunityWFM, Connect First, and DeepAffects.
Who are RingCentral's investors?
RingCentral has 11 investors. Key investors include SVB, Accel, Khosla Ventures, Cisco Investments, and RTP Global.
What is RingCentral's ticker symbol?
The ticker symbol of RingCentral is RNG on NYSE.
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