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Boca Raton tech startup Glip acquired by RingCentral

RingCentral, a leading provider of cloud communication services, has acquired Glip, a Boca Raton tech startup focused on modern business messaging built for teams, the companies announced Friday. Terms of the deal were not disclosed.

Glip, founded in 2012, makes teams more efficient by embedding shared calendars, task and project management, video conferencing and file sharing directly in the conversation stream. It launched its product in early 2014, relaunched with a Glip 2 early this year and launched an iOS and Android app this spring.

This is not the first exit for the Glip team. Led by co-founders Peter Pezaris, Claudio Pinkus and David Hersh, Glip's management team has worked together for 20 years and started and successfully exited several other  startups, including Multiply, inventor of the first social news feed. The self-funded Glip, with 13 employees,  recently relaunched its product that for the first time enabled the seamless integration of team conversation with advanced task and project management, Pezaris said.

Glip was being actively used by more than 10,000 teams – including at IBM, CBS Interactive, The Economist and Harvard University -- helping them be more productive with team messaging closely integrated with task management, group calendars, notes, annotations and file sharing. The product also includes integrations with Asana, Box, Dropbox, Evernote, JIRA, GitHub, Google, Zendesk, and many others.

Glip’s capabilities will be integrated and made available to all RingCentral Office customers. RingCentral also plans to keep the current stand-alone Glip application, renamed as RingCentral Teams, available for web, Windows, Mac, iOS and Android for all current and future customers, said Vlad Shmunis, CEO of RingCentral, a publicly traded tech company based in Belmont, Calif.

Glip “Collaborating with employees, partners, and customers to solve business problems is becoming more complex, and email is no longer sufficient by itself,” said Peter Pezaris, CEO of Glip (pictured here). “We started Glip with the vision of empowering employees to work more efficiently by developing a world-class messaging solution with integrated productivity tools. We’re excited to join RingCentral to take our vision even further by combining with their state-of-the-art business communications platform.”

Pezaris and the R&D team will join RingCentral.

 

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