RingCentral Overview

  • Year Founded
  • 1999

Year Founded

  • Status
  • Public

  • Employees
  • 4,084

Employees

  • Stock Symbol
  • RNG

Stock Symbol

  • Investments
  • 17

  • Share Price
  • $28.65
  • (As of Friday Closing)

RingCentral General Information

Description

RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and collaborate via voice, video, and messaging across all device types and all from one platform. RingCentral helps customers modernize and move from legacy on-premises systems to modern, cloud-based systems. Beyond its core RingCentral MVP solution, RingCentral also offers a cloud-based contact center solution, a stand-alone video meetings solution, and webinars.

Contact Information

Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Primary Industry
Communication Software
Other Industries
Automation/Workflow Software
Stock Exchange
NYS
Corporate Office
  • 20 Davis Drive
  • Belmont, CA 94002
  • United States
+1 (925) 000-0000

RingCentral Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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RingCentral Stock Performance

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$28.65 $29.02 $25.07 - $43.28 $2.64B 92.2M 1.01M -$1.49

RingCentral Financials Summary

In Thousands,
USD
TTM 31-Mar-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021
EV 4,774,733 4,785,090 4,969,650 18,595,182
Revenue 2,252,951 2,202,429 1,988,330 1,594,754
EBITDA 152,372 113,092 (622,685) (184,048)
Net Income (139,335) (165,240) (879,166) (376,250)
Total Assets 1,873,103 1,944,913 2,073,662 2,579,039
Total Debt 1,584,571 1,590,367 1,676,106 1,448,987
Public Fundamental Data provided by Morningstar, Inc. disclaimer

RingCentral Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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RingCentral Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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RingCentral Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
RingCentral is a unified communications as a service, or UCaaS, provider. Its software helps users communicate and colla
Communication Software
Belmont, CA
4,084 As of 2023
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000

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000000000000000000 0
Campbell, CA
0000 As of 0000
00000
000000000 00 00000

000000

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0000000000000 000000
Scottsdale, AZ
0000 As of 0000
00.00 0000-00-00
0000000000 0
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RingCentral Competitors (35)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
8X8 Corporation Campbell, CA 0000 00000 000000000 00 00000
Nextiva Venture Capital-Backed Scottsdale, AZ 0000 0000000000 0
Infobip Private Equity-Backed London, United Kingdom 0000 00.000 000000000 00.000
Twilio Formerly VC-backed San Francisco, CA 0000 00.000 0&0
Broadvoice Private Equity-Backed Northridge, CA 000 0000000 0000
You’re viewing 5 of 35 competitors. Get the full list »

RingCentral Patents

RingCentral Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-11930052-B1 Systems and methods for determining a conference departure impact Active 31-Mar-2023 00000000000 0
US-20240112497-A1 Connecting gesture recognition with webrtc Pending 30-Sep-2022 000000000
US-20240031416-A1 Method and system for adjusting shared content Pending 20-Jul-2022 0000000000 0
US-20240021217-A1 Methods and systems for pre-recorded participation in a conference Pending 18-Jul-2022 0000000000
US-20240005085-A1 Methods and systems for generating summaries Pending 29-Jun-2022 G06F40/166
To view RingCentral’s complete patent history, request access »

RingCentral Executive Team (52)

Name Title Board Seat Contact Info
Vladimir Shmunis Co-Founder, Chief Executive Officer &Chairman of the Board
Sonalee Parekh Chief Financial Officer
Vlad Vendrow Co-Founder & Chief Technology Officer
Vaibhav Agarwal Interim Chief Financial Officer
John Marlow Chief Administrative Officer and General Counsel
You’re viewing 5 of 52 executive team members. Get the full list »

RingCentral Board Members (13)

Name Representing Role Since
Godfrey Sullivan Self Board Member 000 0000
Kenneth Goldman Self Board Member 000 0000
Mignon Clyburn Self Board Member 000 0000
Neil Williams Self Board Member 000 0000
Robert Theis Scale Venture Partners Board Member 000 0000
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RingCentral Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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RingCentral Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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RingCentral Investments & Acquisitions (17)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Hopin (Events and Session Product Lines in London, United Kingdom) 31-Jul-2023 000000000 0000 Buildings and Property 00000000
TaskHuman 21-Jun-2022 00000 0000 000.00 Educational and Training Services (B2C)
Aisera 25-Mar-2022 00000 0000 0000 Business/Productivity Software
Theta Lake 23-Mar-2022 00000 0000 000.00 Business/Productivity Software
Glia 21-Mar-2022 Later Stage VC 0000 Business/Productivity Software
You’re viewing 5 of 17 investments and acquisitions. Get the full list »

RingCentral Subsidiaries (2)

Company Name Industry Location Founded
Rclec Consulting Services (B2B) Belmont, CA 2012
RingCentral Canada Application Software Gloucester, Canada 0000
To view RingCentral’s complete subsidiaries history, request access »

RingCentral ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

20.98 | Med Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

00.00

Management

Management is related to actions taken to manage ESG issues

00.00

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

00 of 16,191

Rank

00.0

Percentile

Software & Services

Industry

00 of 1,111

Rank

00.00

Percentile

Enterprise and Infrastructure Software

Subindustry

00 of 449

Rank

00.00

Percentile

To view RingCentral’s complete esg history, request access »

RingCentral Exits (1)

Company Name Exit Date Exit Type Exit Size Status Buyers
Enable Us 01-Jun-2021 00000 00000 00 00.00 Completed
  • 12 buyers
To view RingCentral’s complete exits history, request access »

RingCentral FAQs

  • When was RingCentral founded?

    RingCentral was founded in 1999.

  • Who is the founder of RingCentral?

    Vladimir Shmunis and Vlad Vendrow are the founders of RingCentral.

  • Who is the CEO of RingCentral?

    Vladimir Shmunis is the CEO of RingCentral.

  • Where is RingCentral headquartered?

    RingCentral is headquartered in Belmont, CA.

  • What is the size of RingCentral?

    RingCentral has 4,084 total employees.

  • What industry is RingCentral in?

    RingCentral’s primary industry is Communication Software.

  • Is RingCentral a private or public company?

    RingCentral is a Public company.

  • What is RingCentral’s stock symbol?

    The ticker symbol for RingCentral is RNG.

  • What is the current stock price of RingCentral?

    As of 14-Jun-2024 the stock price of RingCentral is $28.65.

  • What is the current market cap of RingCentral?

    The current market capitalization of RingCentral is $2.64B.

  • What is RingCentral’s current revenue?

    The trailing twelve month revenue for RingCentral is $2.25B.

  • Who are RingCentral’s competitors?

    8X8, Nextiva, Infobip, Twilio, and Broadvoice are some of the 35 competitors of RingCentral.

  • What is RingCentral’s annual earnings per share (EPS)?

    RingCentral’s EPS for 12 months was -$1.49.

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