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About Praful Shah

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Latest Praful Shah News

RingCentral to Outline Latest Strategy at ConnectCentral 2018

Nov 13, 2018

17 minutes ago (Pictured above: (left to right) Derrell James, RingCentral SVP of global services and solutions; Praful Shah, chief strategy officer; Ryan Azus, EVP global sales and services; Zane Long, VP of global channel sales (standing); Dave Sipes, COO; and Mitch Tarica, SVP of worldwide sales.) RINGCENTRAL CONNECTCENTRAL — Before the start of this week’s RingCentral ConnectCentral 2018 in San Francisco, partners got a sneak peak of what’s next for the company and how they fit into that strategy. Zane Long , RingCentral’s senior vice president of global channel sales, said this is the first time his company has had an event in which it could bring together a large group of partners in one location. During a VIP channel partner lunch, company executives fielded questions from partners about its recent acquisition of Dimelo , a cloud-based digital customer engagement platform, strengthening its marketing focus and its recent expansion into Australia and APAC. “The questions that were asked today let us know that they’re invested and interested in where we’re going next,” he said. “The multiple questions about the acquisition of Dimelo proved that, and this is an important next step for RingCentral as we bring in companies like that to help serve our customers better.” Last month, Long said hundreds of partners are coming to RingCentral every month looking to make the switch from on premises, to the cloud and UCaaS . Mitch Tarica, RingCentral’s senior vice president of worldwide sales, said Dimelo’s customers are “thrilled” about the acquisition and are looking forward to seeing RingCentral’s plans for the company. And Dave Sipes, RingCentral’s chief operating officer, said Dimelo is focused mostly on Europe, so there’s a “great” opportunity to take it global. Vlad Shmunis, RingCentral’s CEO, said his company is all about enterprise, and then flowing down to SMB. He also said Cisco, Avaya and Mitel are competing with RingCentral and are losing because they are unable to come in with a cloud-based replacement solution. “We will grow in the direction the market takes us … and by no means are we complacent,” he said. Paul Harrold, vice president of collaboration at PCM, said his company had to come up with a UCaaS offering and all of its expertise was in on-premises offerings, so “we wanted to partner with the best in the business and RingCentral has clearly defined themselves as a leader in this space.” “One of the things we’re exploring is becoming a delivery partner for RingCentral,” he said. “We’re calling it an enhanced partnership where we can participate in the hardware sale and devices upfront; we use our collaboration solution architects to help design and implement the solution as well in conjunction with RingCentral. We want to continue to show ourselves as a value-add in the partnership here with RingCentral to get a little bit more of …

Praful Shah Investments

2 Investments

Praful Shah has made 2 investments. Their latest investment was in Studio 9+ as part of their Angel - II on September 9, 2013.

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Praful Shah Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

9/4/2013

Angel - II

Studio 9+

$2.5M

Yes

1

12/12/2011

Seed

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$99M

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10

Date

9/4/2013

12/12/2011

Round

Angel - II

Seed

Company

Studio 9+

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Amount

$2.5M

$99M

New?

Yes

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Co-Investors

Sources

1

10

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