How Much Did RingCredible Raise?
Funding & Key Investors

RingCredible has secured $2M in total funding, with its most recent capital infusion of $1.3M described as a major strategic investment. This significant backing underscores the company's established presence and potential for future growth in the competitive telecommunications sector.

What is RingCredible?

RingCredible
TelecommunicationsVoIP

RingCredible, operating under the brand Talk360, is an international calling application designed to provide affordable and reliable voice communication to any mobile or landline number globally. The service is particularly vital for users seeking to maintain connections with family and friends in regions where internet access may be inconsistent or costly. Talk360 facilitates the purchase of call credits using local currencies and supports a wide array of over 60 payment methods, enhancing accessibility for a diverse user base. The platform addresses the need for dependable calling services, especially for communities that might otherwise lack access to free or low-cost communication options.

How much funding has RingCredible raised?

RingCredible has raised a total of $2M across 2 funding rounds:

2013

Series A

$700K

2014

Unspecified

$1.3M

Series A (2013): $700K with participation from Brooklyn Ventures

Unspecified (2014): $1.3M led by PPM Oost and Brooklyn Ventures

Key Investors in RingCredible

PPM Oost

PPM Oost is the public venture capital arm for East Netherlands, focusing on promising companies that are leaders in their regional economy. They invest in sectors like Agrofood, Life Sciences, High tech Materials, Energy, and Manufacturing.

Brooklyn Ventures

Brooklyn Ventures specialized in building and investing in early-stage technology ventures, working closely with founders to develop ambitious ideas into successful companies. They are proud shareholders in Talk360.

What's next for RingCredible?

The recent major strategic investment into RingCredible signals a pivotal phase for the company, likely aimed at scaling its operations, expanding its market reach, and enhancing its technological infrastructure. This enterprise-level backing suggests a focus on solidifying its position as a leading provider of international calling solutions and potentially exploring new service offerings or geographical markets. The company's trajectory indicates a strong emphasis on sustainable growth and continued innovation within the global telecommunications landscape.

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Frequently Asked Questions Regarding RingCredible Financial Insights

What are the most recent funding rounds that RingCredible has completed, and what were the funding rounds?
RingCredible has recently completed 2 funding rounds: Unspecified on Aug 27, 2014, Series A on Jul 22, 2013.
What is the total amount of funding RingCredible has raised to date?
RingCredible has raised a total of $2M in funding to date.
How many funding rounds has RingCredible completed?
RingCredible has completed 2 funding rounds.
How much funding did RingCredible raise in its most recent funding round?
RingCredible raised $1.3M in its most recent funding round.
Who are the lead investors in RingCredible's latest funding round?
The lead investor in RingCredible's latest funding round was PPM Oost. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in RingCredible's history?
The largest funding round in RingCredible's history was $1.3M.
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