SmartSheet Secures $26,000,000 New Financing
- Feed Type
- Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=fc6a10cb-d62e-4e29-a5df-bbfca8e81a52&Preview=1 - Date
12/3/2012 - Company Name
SmartSheet - Mailing Address
10500 NE 8th St Bellevue, WA 98004 - Company Description
Smartsheet is a privately-held Software as a Service (SaaS) provider based in Bellevue, Washington (USA). Incorporated in 2005, the company launched its Smartsheet.com service in August of 2006. Since that time, thousands of users throughout the United States, Australia, the United Kingdom, and more than twenty other countries have benefitted from a better way to manage tasks, projects, and processes through an innovative, easy to use online application. By delivering the service through world-class hosting partners Rackspace (SAS-70 Certified) and Amazon Web Services (S3 Service), Smartsheet achieves superior availability and security for its customers. - Website
http://www.smartsheet.com - Transaction Type
Venture Equity - Transaction Amount
$26,000,000 - Transaction Round
Undisclosed - Proceeds Purposes
The company will use the funding to accelerate sales and marketing efforts, advance software development efforts, and expand partnerships. - M&A Terms
- Venture Investor
Madrona Venture Group - Venture Investor
Insight Venture Partners
