State of Shmunis was estimated at $1.3 billion, the main source — a share of the company RingCentral, working in cloud-based telephony.
The shmunis was the debut of a new Forbes list of billionaires / photos RingCentral
A native of Odessa Vladislav Shmunis was the debut of a new Forbes list of billionaires. His fortune was estimated at $1.3 billion, the main source — a share of the company RingCentral, working in cloud-based telephony.
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Writes ain.ua the Shmunis moved to the US in the 70s with my family. Graduated from the University of San Francisco, worked at HP and Amex. In 1993, he founded the first business Ring Zero Systems. The startup created a Windows application to telephony and email, it is pre-installed on the PC. After the company was swallowed up by Motorolla, the Shmunis became a millionaire.
In 1999 he founded RingCentral. She offered the available IP telephony — numbers of any cities in America, calls made and received voice mail, auto attendant. Rates started at $10/month, clients were from small businesses. By 2012, the company had more than 250,000 paying users and revenues of $300 million.
In October 2019 RingCentral announced a partnership with Avaya. In exchange for $500 million, the company Shmunis will have access to a new cloud platform with 100 million users.
RingCentral is a public company with shares traded on the new York stock exchange. Prior to the conclusion of the transaction with Avaya, the company was worth around $10 billion Now capitalization has grown to $13.4 billion in Shmunis, who holds the post of CEO of 8.5% of the shares of RingCentral.