{"id":49655,"date":"2021-10-13T22:21:16","date_gmt":"2021-10-14T05:21:16","guid":{"rendered":"\/us\/en\/blog\/?p=49655"},"modified":"2021-10-21T15:09:37","modified_gmt":"2021-10-21T22:09:37","slug":"ringcentral-ventures","status":"publish","type":"post","link":"\/us\/en\/blog\/ringcentral-ventures\/","title":{"rendered":"Introducing RingCentral Ventures: What do we do?"},"content":{"rendered":"<p><b>Highlights:<\/b><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.ringcentral.com\/ventures.html\"><b>RingCentral Ventures<\/b><\/a><span style=\"font-weight: 400;\"> is the strategic investment arm of RingCentral and the latest addition to the company.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Our mission is to support entrepreneurs and early-stage companies in bringing their innovations to life.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Since our founding, we\u2019ve partnered with several startups in the communications and collaboration market: <\/span><a href=\"https:\/\/www.balto.ai\/\"><b>Balto<\/b><\/a><span style=\"font-weight: 400;\">, <\/span><a href=\"https:\/\/taskhuman.com\/\"><b>TaskHuman<\/b><\/a><span style=\"font-weight: 400;\">, and <\/span><a href=\"https:\/\/www.enable.us\/\"><b>Enable.us<\/b><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Check out our debut at RingCentral Connect 2021 <\/span><a href=\"https:\/\/ev.ringcentral.com\/Connect\"><b>here<\/b><\/a><span style=\"font-weight: 400;\">.<\/span><\/li>\n<\/ul>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Great companies with incredible ideas are born every day. And like all innovators small and large, those companies want to share their ideas with the world. In fact, at some point, the companies we all work for today were startups too\u2014hoping for a big break.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At RingCentral, we know the struggles and triumphs that come along with being an early-stage company. We started out as a small, unknown phone carrier servicing small and medium-sized businesses (SMBs)\u2014a pedigree we held for many years.\u00a0<\/span><\/p>\n<figure id=\"attachment_49675\" aria-describedby=\"caption-attachment-49675\" style=\"width: 900px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ev.ringcentral.com\/Connect\/agenda\/session\/655409\"><img decoding=\"async\" class=\"wp-image-49675\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2021\/10\/Kira-RingCentral-Connect.gif\" alt=\"\" width=\"900\" height=\"507\" \/><\/a><figcaption id=\"caption-attachment-49675\" class=\"wp-caption-text\">Kira Makagon, Chief Innovation Officer, introduces RingCentral Ventures at RingCentral Connect 2021. See the full clip <a href=\"https:\/\/ev.ringcentral.com\/Connect\/agenda\/session\/655409\"><strong>here<\/strong><\/a>.<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">Thanks to investors like Sequoia Capital, Khosla Ventures, and many others, we\u2019ve now expanded to serve both SMBs and large enterprises across the world. To top it off, we hit our <\/span><a href=\"https:\/\/ir.ringcentral.com\/news\/press-release-details\/2021\/RingCentral-Announces-Fourth-Quarter-2020-Results\/default.aspx\"><b>$1 billion revenue milestone<\/b><\/a><span style=\"font-weight: 400;\"> in 2019.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">We\u2019ve made it a mission to support the next generation of entrepreneurs and early-stage startups. That\u2019s why we\u2019re excited to announce the launch of <\/span><b>RingCentral Ventures<\/b><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h2><b>What is RingCentral Ventures?<\/b><\/h2>\n<p><a href=\"https:\/\/www.ringcentral.com\/ventures.html\"><b>RingCentral Ventures<\/b><\/a><span style=\"font-weight: 400;\"> is the strategic investment arm of RingCentral. Our aim is to seek out exceptional founding teams with exciting new innovations in the communications and collaboration space and help bring their ideas to life.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><\/p>\n<div class=\"quote-text-break-point\">\n<p class=\"qute-text\">RingCentral Ventures will focus on supporting entrepreneurs and early-stage startups that are driving breakthrough innovation in modern communications and collaboration. <\/p>\n<p class=\"quote-text-author\">\u2014Kira Makagon, Chief Innovation Officer and Executive VP at RingCentral<\/p>\n<\/p><\/div>\n<p>\t<\/span><\/p>\n<h2><b>More than just capital<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">Capital investments are obviously the biggest drivers of startups, but RingCentral Ventures offers much more to partners than just funding.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/p>\n<ul>\n<li aria-level=\"1\"><b>Advice: <\/b><span style=\"font-weight: 400;\">Technical and business expertise in cloud communications and collaboration.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Mentorship: <\/b><span style=\"font-weight: 400;\">Hands-on guidance from our seasoned leadership team.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Validation<\/b><span style=\"font-weight: 400;\">: The backing of a well-recognized industry leader and innovator.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Exposure<\/b><span style=\"font-weight: 400;\">: Learn from RingCentral\u2019s global customer base and go-to-market approach.<\/span><\/li>\n<\/ul>\n<h2><b>Our portfolio<\/b><b><br \/>\n<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">To date, we\u2019ve<\/span> <span style=\"font-weight: 400;\">invested with<\/span> <span style=\"font-weight: 400;\">several key partners<\/span> <span style=\"font-weight: 400;\">we believe will continue to push the envelope for business communications and the customer experience in the workplace. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">In case you missed our RingCentral Connect announcement, here are the first organizations in the RingCentral Ventures program.<\/span><b>\u00a0<\/b><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-49665\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2021\/10\/Balto-logo.png\" alt=\"\" width=\"475\" height=\"106\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/www.balto.ai\/\"><b>Balto<\/b><\/a><span style=\"font-weight: 400;\"> is an AI-based call center coaching platform that gives call center agents automated real-time coaching and feedback to help them better serve customers and meet their goals.<\/span><b><\/b><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-49666\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2021\/10\/TaskHuman-logo.png\" alt=\"\" width=\"732\" height=\"100\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">With the rise of remote and hybrid work, many employees are struggling more than ever with issues related to wellness. <\/span><a href=\"https:\/\/taskhuman.com\/\"><b>TaskHuman<\/b><\/a><span style=\"font-weight: 400;\"> empowers workers to be their well-thiest selves with one-on-one video coaching from professionals on more than 800 wellness topics.<\/span><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n<p><img decoding=\"async\" class=\"aligncenter size-full wp-image-49664\" src=\"\/us\/en\/blog\/wp-content\/uploads\/2021\/10\/Enable-logo.png\" alt=\"\" width=\"440\" height=\"142\" \/><\/p>\n<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\">The B2B sales process is a cumbersome one\u2014full of presentation decks, video meetings, and other collateral. Keeping content organized and ready-made for clients can often be a monumental challenge for sales teams.<\/span><\/p>\n<p><a href=\"https:\/\/www.enable.us\/\"><b>Enable<\/b><\/a><span style=\"font-weight: 400;\"> streamlines the process by allowing users to create unified deal rooms, where all that information lives within a single link. Enable tracks all deal room activity, providing insights and real-time alerts to sales teams.<\/span><\/p>\n<h2><b>More exciting Ventures to come<\/b><\/h2>\n<p><span style=\"font-weight: 400;\">We\u2019re just getting warmed up with these announcements. Keep an eye out for upcoming partnerships as we explore more work-from-anywhere pioneers and teams offering exciting new innovations and exceptional user experiences.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And if that sounds like your company, maybe we can build something together. Learn more about RingCentral Ventures <\/span><a href=\"https:\/\/www.ringcentral.com\/ventures.html\"><b>here<\/b><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Highlights: RingCentral Ventures is the strategic investment arm of RingCentral and the latest addition to the company. Our mission is to support entrepreneurs and early-stage companies in bringing their innovations to life. Since our founding, we\u2019ve partnered with several startups in the communications and collaboration market: Balto, TaskHuman, and Enable.us. Check out our debut at &#8230;<\/p>\n","protected":false},"author":1109,"featured_media":49656,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[18885],"tags":[43162],"class_list":["post-49655","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ringcentral-newsdesk","tag-ventures"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.3 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Introducing RingCentral Ventures: What do we do? | RingCentral Blog<\/title>\n<meta name=\"description\" content=\"Highlights: RingCentral Ventures is the strategic investment arm of RingCentral and the latest addition to the company. 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