Cloud Phone Service RingCentral Files for $100 Million IPO

RingCentral, the cloud-based phone service for businesses, just filed for an initial public offering with the U.S. Securities and Exchange Commission. It has proposed using the ticker symbol RNG. While the valuation and offering price haven’t yet been determined, the company’s filing has a detailed look at its finances and who owns what. Its biggest … Continue reading

SAP Profit Jumps but License Business Struggles

SAP AG, the world’s biggest business software maker, Monday reported a jump in third-quarter profit, but currency swings caused a slowdown in revenue growth and its core business in software licenses continued to slide as customers migrated to Web-based products. Net profit at the Walldorf, Germany-based company rose to 762 million ($1.04 billion) in the … Continue reading

Cloud Video for You and Your Friends’ Many Devices

[ See post to watch video ] Creating your own videos is easier to do than ever, and it’s more tempting than ever to view and share them on multiple devices. But it isn’t always simple. Videos can be large files that are clumsy to move around. And they aren’t always created in formats compatible … Continue reading

Intel Capital Joins Big Switch Funding Round

Big Switch Networks, the software-defined networking startup that came out of stealth mode last year, has a new investor in its Series B round of venture capital funding: Intel Capital. The venture arm of the world’s biggest chip company joins other investors — including Goldman Sachs, Index Ventures, Khosla Ventures and Redpoint Ventures — and … Continue reading

Microsoft Teams Up With Parature to Enhance Customer Service in Dynamics

Yuri Arcurs / Shutterstock.com It’s pretty much a given that any business function that exists these days is moving to the cloud. Tracking sales contacts and leads? Salesforce.com. Marketing? Marketo. Human resources? Workday. Running your business? Netsuite. Even customer service has started a shift to the cloud, and a company that specializes in precisely that … Continue reading