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RingCentral CEO Scoffs At Mitel-ShoreTel Acquisition; Talks Winning Over Top Avaya Partners And $1B Sales Goal

"[Mitel-ShoreTel] does not seem to be, from my perspective, like one-plus-one equals three here. It seems like two legacy providers who are running out of market share," said RingCentral CEO Vlad Shmunis.

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The UCaaS Market Leader

RingCentral CEO and founder Vlad Shmunis has led his company to become the market leader in the fast-growing Unified Communications as a Service space with nearly 20 percent revenue share.

The Belmont, Calif.-based UCaaS leader reported in August that revenue jumped 30 percent year over year to $120 million during its recent second fiscal quarter, while winning seven new $1 million or larger deals, four of which that came through channel partners.

In an interview with CRN, Shmunis weighs in on Mitel's recent acquisition of ShoreTel, why Avaya partners and customers are flocking to RingCentral, the company's technology roadmap and goal of reaching $1 billion in sales by 2020.

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