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New Cloud Service Smartsheet, Announces Its $35 Million Funding
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New Cloud Service Smartsheet, Announces Its $35 Million Funding

Excel time is over. This program will be soon replaced by Smartsheet, a cloud-based service that makes management o...

New Cloud Service Smartsheet, Announces Its $35 Million Funding

Excel time is over. This program will be soon replaced by Smartsheet, a cloud-based service that makes management on every level more easy to handle. Today the Smartsheet CEO, Mark Mader, announced its $35 million funding, the biggest so far. The difference in this service is that it can set alarm reminders, attach documents and assign tasks, something that wasn't possible with the Microsoft program.

 

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For example, employers of Mexican immigrants have difficulty tracking the immigration forms and health care records of each employee. This was an issue for Veg Packer, a farm company that has more than 1000 workers. This company switched to Smartsheet in 2011 and its managers now regularly receive an alert when someone’s papers need to be renewed. "Excel was great for its time, but its time has come and gone," says Steve Scaroni, founder of Veg Packer.

 

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Smartsheet is founded in 2006, and it has more than 42000 customers so far. Even though data entry isn't such an exciting field, still Microsoft Office has at least a billion users.

"The market hasn't traditionally been very sexy," says Mader. "But I consider a billion users really sexy."

 

 

 

Cypress Grove Chevre, one of Smartsheet’s users, is doing business in California. They use this program to log food safety data and goat fertility. “A Gantt chart keeps tabs on how many goats are enceinte, how long gestation takes and the time between pregnancies,” says Ian Ray, the company's network administrator. This way they can efficiently raise the number of goats from 500 to 1200 in four years.

 

Who would have thought that a cloud service can serve as a fertility booster as well?

 

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