Summary
RingCentral, Inc. provides software-as-a-service solutions that enable businesses to communicate, collaborate, and connect in North America. The company offers business cloud communications and contact center solutions based on its Message Video Phone? platform. Its products include RingCentral Office that provides communication and collaboration across various modes, including high-definition voice, video, SMS, messaging and collaboration, conferencing, online meetings, and fax; RingCentral Contact Center, a collaborative contact center solution that delivers omni-channel; and RingCentral Engage Digital, a digital customer engagement platform that allows enterprises to interact with their customers. The company's products also comprise RingCentral Engage Voice, a cloud-based outbound/blended customer engagement platform for midsize and enterprise companies; RingCentral Video, a video meeting service which includes our RCV video and team messaging capabilities and offers video and audio conferencing, file sharing, contact, task, and calendar management. In addition, it offers RingCentral Professional, a cloud based virtual telephone service that provides inbound call answering and management services for professionals; and RingCentral Fax that provides online fax capabilities. The company serves a range of industries, including financial services, education, healthcare, legal services, real estate, retail, technology, insurance, construction, hospitality, and state and local government, as well as others. It sells its products through a network of direct sales representatives, as well as sales agents, resellers, and channel partners. RingCentral, Inc. has strategic partnerships with Alcatel-Lucent Enterprise; and Vodafone Business. The company was incorporated in 1999 and is headquartered in Belmont, California.
History
RingCentral founders Shmunis and Vendrow previously worked together at RingZero Systems, where Shmunis was founder/CEO and Vendrow was director of engineering. RingZero was focused on small business communications on Microsoft Windows. The company was sold to Motorola for "double-digit millions". After Motorola changed the focus exclusively on mobile platforms, Shmunis and Vendrow founded RingCentral.RingCentral was bootstrapped from 1999 until it received its first round of venture capital investment in 2006. In 2011, it added Cisco and Silicon Valley Bank as investors and had, to date, secured $45 million in capital investment. It completed its ISO on September 27, 2013, and completed a follow-on offering in March 2014 that raised $39.8 million.In May 2019, it purchased naming rights to the Oakland Coliseum, renaming RingCentral Coliseum.In February 2020, RingCentral and Avaya unveiled the Avaya Cloud Office application. Within four months, RingCentral shares rose 54%.In April 2020, RingCentral launched RingCentral Video, a video-conferencing product.
Mission
We are reimagining the world of communications by breaking down barriers and empowering businesses across the globe to work as one. Our rapid growth and journey to global industry leader is largely thanks to our number one asset—our people. That’s why we invest heavily in a dynamic and diverse company culture that creates amazing job opportunities.
Vision
RingCentral's vision for how enterprises will transform the way they communicate, collaborate, and connect through the cloud; which services they'll consume; and how this new environment will change the way IT supports users evolving needs for a more connected digital workplace.
Key Team
Mr. Vlad Vendrow (Co-Founder & CTO)
Ms. Sonalee Elizabeth Parekh (Chief Financial Officer)
Mr. Vaibhav Agarwal (Chief Accounting Officer)
Ryan Goodman (Director of Investor Relations)
Ms. Kira Makagon (Chief Innovation Officer)
Mr. Carson Hostetter (Chief Revenue Officer)
Mr. Chuck Emmette (Sr. Director of Global Professional Services)
Recognition and Awards
RingCentral won 21 awards in 2022 and 19 awards in 2021. In 2022, RingCentral won for Best Company for Diversity 2022, Best Company for Women 2022, Best CEO 2022, Best Company Culture 2022, Best Company Perks & Benefits, Best Company Work-Life Balance, Best Company Compensation, Happiest Employees, Best Career Growth 2022, Best Leadership Teams 2022, Best CEOs for Diversity 2022, Best CEOs for Women 2022, Best Operations Team 2022, Best HR Team 2022, Best Marketing Team 2022, Best Sales Team 2022, Best Product & Design Team 2022, Best Engineering Team 2022, Best Places to Work in the Bay Area 2022, Best Global Culture 2022 and Best Company Outlook 2022. In 2021, RingCentral won for Best Company for Diversity 2021, Best Company for Women 2021, Best CEO 2021, Best Company Culture 2021, Best Company Perks & Benefits, Best Company Compensation, Best Company Happiness, Best Career Growth 2021, Best Leadership Teams 2021, Best CEOs for Diversity 2021, Best CEOs for Women 2021, Best Sales Team 2021, Best Product & Design Team 2021, Best Marketing Team 2021, Best HR Team 2021, Best Engineering Team 2021, Best Places to Work in the Bay Area 2021, Best Global Culture 2021 and Best Company Outlook 2021. Based on 56,298 ratings and 1,902 participants, employees at RingCentral are very satisfied with their work experience. The overall culture score, 86/100 or A+, incorporates employee ratings based on their feedback on the Compensation, Perks And Benefits, Leadership and more.
References
United States 
