Smartsheet.com, Inc. edit

Smartsheet.com, Inc. is a private company that develops and markets the Smartsheet application. As of 20178, it has about 550 more than 760 employees[1][2] and is headquartered in Bellevue, Washington[3] The company was founded in the summer of 2006, shortly after co-founder Brent Frei sold his prior company, Onyx Software.[4][5][6] Initially it was funded mostly by Frei.[4] About a year after its founding, Smartsheet had raised $4 million in funding and had just nine employees.[5] By early 2012 it had raised $8.2 million in funding over three rounds and hired its first salesperson.[7][8]

After the Smartsheet software was redesigned in 2010, the company's revenues grew by more than 100 percent each year, for four consecutive years.[9] It raised $26 million in funding in December 2012[10][8] and another $35 million in May 2014.[7] In 2017, the company raised an additional $52.1 million in funding.[2] That same year, Smartsheet acquired Converse.AI, a Scotland-based company that develops software for creating business automation bots.[11] It also hosted its first user conference, Engage.[12]

References edit

  1. ^ "Smartsheet acquires Converse.AI to Accelerate Natural Language User Experiences and Conversational Workflow Automation". Smartsheet. January 16, 2018. Retrieved January 24, 2018.
  2. ^ a b "Work management startup Smartsheet raises $52.1 million, claims a $852 valuation". VentureBeat. May 24, 2017. Retrieved June 1, 2017.
  3. ^ Martin, Dylan (January 19, 2017). "A Seattle Tech Company Is Expanding to Boston With Plans to Hire 140". BostInno. Retrieved March 2, 2017.
  4. ^ a b Strauss, Karsten (March 12, 2013). "Former Microsoft Analyst Wants To Disrupt MS Excel, Project". Forbes. Retrieved September 11, 2015.
  5. ^ a b Cite error: The named reference one was invoked but never defined (see the help page).
  6. ^ Hack, Greg (April 2, 2015). "Arena designer Populous also manages events inside". The Kansas City Star. Retrieved September 13, 2015.
  7. ^ a b Romano, Benjamin (May 5, 2014). "Smartsheet Wins Big Customers, $35M From Sutter Hill Ventures". Xconomy. Retrieved September 11, 2015.
  8. ^ a b "Smartsheet Grabs $26M After 'De-Enterprising' its Collaboration Software". Venturewire. December 3, 2012. Retrieved September 11, 2015.
  9. ^ "100 Best Companies to Work For 2014: Midsize Companies – Washington and Puget Sound Business News Source". Seattle Business Magazine. July 2014. Retrieved September 11, 2015.
  10. ^ Grant, Rebecca (December 3, 2012). "Smartsheet gets $26M to keep enterprise workflow under control". VentureBeat. Retrieved September 11, 2015.
  11. ^ Frank, Blair Hanley (January 16, 2018). "Smartsheet acquires business automation chatbot startup Converse.AI". VentureBeat. Retrieved January 24, 2018.
  12. ^ Finnegan, Matthew (November 30, 2017). "What is Smartsheet? A spreadsheet-based project management tool". Computerworld. Retrieved January 24, 2018.