RingCentral, another unified phone/communication service, raises $12M

September 21, 2007 | Matt Marshall

RingCentral, a Redwood City, calif. company that allows small businesses to unify and manage their phone, mobile, fax and email communications, said it has raised a total of $12 million in a first round of financing.

Sequoia Capital and Khosla Ventures led the round. We mentioned their an initial $6.25 million investment back in January, which is included in the $12 million. This company was founded in 1999 .

RingCentral says it has 40,000 paying customers, and is signing up thousands more each month.

Next Story: Snapvine, another social voice messaging service, raises $10 million
Previous Story: 25 invites for Xobni, cool Outlook app

Twitter

Facebook

Google Buzz

Digg

StumbleUpon

Delicious

Google

More...

Tags: deal

About the Author, Matt Marshall

Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.