The ease of use of the familiar spreadsheet-like interface, coupled with file sharing, work automation and Gantt chart features have made it a popular and highly functional online collaboration tool for teams. Smartsheet, a leading Software as a Service (SaaS) company, offers businesses an intuitive online collaboration tool. In fact, Forrester Survey data indicates “the majority of decision makers at organizations deploying collaboration software indicate they either use or plan to use collaboration SaaS to some extent within the next two years.” Smartsheet also offers pre-built templates and integrations with leading cloud apps including Google Drive, Box and Salesforce to ensure users are up and running quickly.Īccording to Forrester Research, the online collaboration software market is expected to grow significantly in the coming years as companies look for better ways to collaborate and manage projects. Smartsheet meets the demands of a modern workforce and has gained significant popularity with organizations for managing a broad array of work – from marketing campaigns to product launches, business operations, sales pipelines, strategic planning and HR initiatives. We are excited to join the team and support them in their vision.” “Our own experience using Smartsheet, along with market dynamics, convinced us of Smartsheet’s tremendous growth potential and the opportunity it has to be a leading global provider of team-based collaboration products. “Insight is a big user of Smartsheet and one of the more than 20,000 organizations who organically discovered and benefits from the work collaboration that Smartsheet provides,” commented Hinkle. We’re going to use this additional capital to further expand Smartsheet’s capabilities, and to reach organizations that need Smartsheet but don’t know about it yet.” Our continued triple-digit growth tells us we’ve built something that virtually every organization needs. Smartsheet is, first and foremost, extremely easy to use – but it is also secure and scales up to enable highly complex, multi-departmental processes. “Dispersed and virtual teams need a more effective way to work together, and Smartsheet is that platform. “Emailing spreadsheets back and forth just doesn’t cut it anymore,” said Mark Mader, chief executive officer of Smartsheet. Publisher’s Note: Hire Joe “The Connector” Kennedy Smartsheet is deployed in a broad range of customer environments, from large enterprises including HomeAway, DHL, Toshiba, ESPN, Sony Music, and MetLife to small and medium-sized companies such as Motion Federal Credit Union and Cypress Grove Chevre. Its easy-to-use spreadsheet-inspired design and cloud-based architecture is revolutionizing how groups of all sizes can work effectively together. Today, more than 1 million people across 100 countries use Smartsheet to coordinate and manage processes and projects by sharing critical information securely with colleagues, vendors, and clients. As part of the transaction, Ryan Hinkle, principal at Insight Venture Partners, will join Smartsheet’s Board of Directors. The company will use the funding to accelerate sales and marketing efforts, advance software development efforts, and expand partnerships. #Bellevue, #Insight Venture, #Investment, #Madrona, #Online Collaboration, #Smartsheetīellevue-based Inc., an online collaboration provider, recently announced it has secured $26 million from Insight Venture Partners and Madrona Venture Group.
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