RingCentral, Inc. (NYSE: RNG), a Belmont, CA-based provider of global enterprise cloud communications, video meetings, collaboration, and contact center solutions, acquired of the technology and engineering team at Kindite, a developer of cryptographic technologies that mitigate and reduce security and privacy risks to information and applications in the cloud.
The amount of the deal was not disclosed.
With the acquisition, Kindite’s technology will be incorporated into RingCentral’s global communications platform, providing customers with enhanced security capabilities including end-to-end encryption.
Led by Maor Cohen, co-founder and CEO, The Kindite engineering team has developed a data-protection platform that incorporates a set of cryptographic key orchestration technologies which delivers enhanced security, privacy and compliance. These technologies allow cloud applications to process encrypted data without decryption, creating a secure “zero-trust” cloud environment.
RingCentral, Inc. (NYSE: RNG) is a provider of business cloud communications and contact center solutions based on its Message Video Phone™ (MVP™) platform empowering modern mobile and distributed workforces to communicate, collaborate, and connect via any mode, any device, and any location. RingCentral offers three key products in its portfolio including:
- RingCentral Office® , a Unified Communications as a Service (UCaaS) platform including team messaging, video meetings, and a cloud phone system;
- Glip ® the company’s free video meetings solution with team messaging that enables Smart Video Meetings™; and
- RingCentral cloud Contact Center solutions.
The company’s open platform integrates with leading third party business applications and enables customers to customize business workflows.