TITLE

RingCentral Redials $12M for Hosted Voice

AUTHOR(S)
Medford, Cassimir
PUB. DATE
March 2008
SOURCE
Red Herring;3/4/2008, p2
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the second round of financing for hosted voice service firm RingCentral. The firm has raised $12 million in the funding round led by DAG Ventures. The Redwood City, California-based firm has also raised $12 million in its first funding round which was led by Sequoia Capital and Khosla Ventures. RingCentral is part communications-as-a-service company, and part old-school telecom services firm which competes directly and indirectly with firms such as M5 Networks and consumer-focused companies such as Skype and Vonage.
ACCESSION #
36876050

 

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