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News & Updates - Tuesday, January 16, 2007

Virtual PBXer RingCentral Funded By Khosla and Sequoia

Some companies meander around for a while before getting their legs RingCentral is a case study. The company has just secured $6.25M of a $12.89M Series A round, according to a regulatory filing found by PEWire. Moreover, backers are A-listers Khosla Ventures and Sequoia Capital.

RingCentral integrates PSTN, VoIP, cellular, email, voicemail, fax, SMS and the Internet. So for $10 per month, your small business can have an 800 number that can offer different extensions for callers and you don't have to muss with hardware set-up. Having done a number of PBX set-ups, this sounds pretty nice actually.

RingCentral was founded in 1991 and was owned by Motorola from 1998 to 1999. During the last decade, the company says it shipped more than 25M copies of PhoneWorks and SmartFax desktop communication software through partnerships with IBM, HP, Sony, Toshiba and Fujitsu-Siemens.