San Mateo based RingCentral (NYSE:RNG), a leading provider of cloud business communications solutions, has opened for trading on the New York Stock Exchangeunder the ticker symbol “RNG” after its initial public offering.

KCG Holdins, Inc. is the Designated Market Maker for RingCentral’s stock.
Chairman and CEO Vlad Shmunis, accompanied by employees and members of RingCentral’s leadership team, celebrated the company’s first day of trading by ringing the famouse NYSE opening bell and visiting the trading floor to observe the stock opening.
RingCentral is a leading provider of cloud business communications solutions. In a statement the commpany argued that they provide “Easier to manage and more flexible than on-premise communications systems”, and that “RingCentral’s cloud solution meets the needs of modern distributed and mobile workforces, while eliminating the expense of on-premise hardware and software”.
The company further added that they have ” been breaking down the business communications barriers that have been created by complex hardware and unnecessary costs. RingCentral delivers innovative cloud business communications solutions that free people to work the way they want and stay ahead of the evolving needs of the business. Delivered on a state-of-the-art cloud infrastructure, RingCentral’s cloud communications solutions help over 300,000 businesses globally”.