RingCentral Completes Series C Funding Round

Cisco Leads Funding Round for RingCentral, the Industry Leading Provider of Cloud Based Business Phone Systems Platform and Services

SAN MATEO, Calif.--(BUSINESS WIRE)--RingCentral, the industry leader for innovative cloud based small business phone systems, announced today that it has completed a Series C financing round led by Cisco. The Series C funds will be used to support the company’s rapid growth and delivery of new products and services.

RingCentral provides a cloud computing based business phone systems platform and services for today’s mobile and distributed businesses, delivering a cost-efficient and simple solution that addresses the needs of small businesses. RingCentral empowers businesses to set up a flexible and robust phone system in just minutes that integrates all of their employees and gives them a professional image.

About RingCentral

RingCentral provides cloud computing based business phone systems. With top industry honors, including PC Magazine Editor's Choice Award, Small Business Computing Excellence in Technology Award, and the 2010 World Economic Forum Technology Pioneer Award, RingCentral delivers on-demand phone systems that are designed for the modern mobile and distributed business world, at a fraction of the cost of traditional systems. Headquartered in San Mateo, California, RingCentral is privately held with backing from Sequoia Capital, Khosla Ventures and DAG Ventures. For more information, please visit: www.ringcentral.com