Fenwick & West LLP represented Smartsheet.com, Inc., a SaaS company offering businesses an intuitive online collaboration tool, in securing a recent $26 million round of funding. The transaction was led by Insight Venture Partners and Madrona Venture Group. Ryan Hinkle, principal at Insight Venture Partners, will also join Smartsheet.com’s Board of Directors as part of the transaction.
The funds will be used to accelerate the company’s marketing efforts and sales, expand partnerships, and further its software development.
More information about Smartsheet.com’s $26M funding can be found on the company press release.