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Cloud-Based Project Management And Collaboration Tool For The Enterprise, Smartsheet Raises $26M

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http://techcrunch.com – Smartsheet, a company that develops a cloud-based collaboration tool for the enterprise, has raised $26 million from Insight Venture Partners and Madrona Venture Group. This brings the company’s total funding to over $30 million. Smartsheet differs from other collaboration tools out there with its spreadsheet-inspired design. The UI is meant for users who spend a lot of time working with Excel and other spreadsheeting software. The idea is that users can actually collaborate around spreadsheets and this data. Smartsheet can help manage projects from marketing campaigns to product launche (IT news)