RingCentral Gets $12 Million More To Help You "Look Like A Bigger Company"
Summary
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 $12 million in late 2007 from Sequoia Capital and Khosla Ventures. Today they announced a second round, also $12 million. The round was led by DAG Ventures, which often follows Sequoia and other well known venture capitalists in second, more expensive rounds.
Funding
Amount
$12.0M
Total raised
Date
February 1, 2008
Announcement date
Investors
Ozie Group LLC, DAG Ventures, Kholsa Ventures, RingCentral
Lead investors
Company
http://www.ringcentral.com
Funded company
Classifications
industries
No industries detected
applications
Collaboration & Communication
AskAI Classifications
Labels
Unified Communications as a Service (UCaaS)
Contact Center Software
Conversation Intelligence
Linked Companies
RingCentral
$1M to $5M