Smartsheet Hires Chief Financial Officer To Support Rapid Growth
Silicon Valley Veteran Bolsters Leadership Team as Demand for the Company’s Work Management and Process Automation Solution Soars
BELLEVUE, Wash. – September 15, 2016 – Smartsheet, the world’s leading SaaS platform for managing collaborative work and automating work processes, today announced the addition of Jennifer Ceran as the company’s chief financial officer. Ceran, who most recently served as CFO of Quotient Technology Inc. (NYSE: QUOT, formerly Coupons.com), previously was the VP of Finance at Box and Ebay/PayPal, and prior to that was Director of Corporate Finance at Cisco. Ceran has frequently been recognized by Treasury and Risk Management Magazine as one of the “100 Most Influential People in Finance.” At Smartsheet she will lead the company’s Finance, Legal and IT operations.
This news comes on the heels of Smartsheet’s recognition by Forbes, in its inaugural “Cloud 100” listing, as a one of the world’s top 100 private cloud companies.
“Smartsheet’s rapid growth stems from the fact that today’s highly-collaborative work requires the adoption of enterprise-grade solutions with next-gen capabilities,” said Mark Mader, president and CEO of Smartsheet. “To further accelerate growth and to help lead our long-term strategy, we added a proven veteran with a successful track record supporting large, high-growth efforts. Jenny has a superb blend of experience that will help take our business to the next level.”
Smartsheet achieved more than 70 percent year-over-year revenue growth for the fifth consecutive year, and has seen greater than triple-digit growth in enterprises paying more than $100,000 in annual subscription value. Over half of the Fortune 500, and 70 percent of both Forbes “The World's Most Innovative Companies” and Fortune 100 companies use Smartsheet. A selection of notable enterprise customers added thus far in 2016 include Ogilvy & Mather Worldwide Inc, Airbus Group N.V., Lexmark International, Carnival Corporation and Urban Outfitters Inc.
“I couldn’t imagine a more exciting time to join Smartsheet,” said Ceran. “Mark and his team have paved the way for massive disruption in the collaborative work management market, and the opportunity for continued growth and impact is substantial. That, along with the many talented and passionate people I’ve already met at Smartsheet have given me even more confidence in the business and its potential.”
Product and Solution Innovations Driving Growth and Industry Recognition
In 2016, Smartsheet has ushered in a range of high-value innovations to its core product, including:
- Sights, which delivers unprecedented visibility into the valuable work being done within Smartsheet environments;
- Card View, a powerful new innovation for teams that want to work in a more agile or visually-oriented way;
- Smartsheet for JIRA, which unifies and automatically syncs data across these award-winning applications, driving broader transparency and faster progress for complex projects and processes.
Smartsheet has also developed high value data integrations with nearly 60 third-party cloud apps including Dropbox, Box, JIRA, DocuSign, Microsoft Office 365, Salesforce and Google Apps for Work.
Smartsheet is leveraging the extensibility of its platform to offer customers high-value, pre-built solutions across a number of use cases in retail, marketing, IT, and other key vertical and functional markets. These offerings address key customer pain points for which a standardized and secure work management and process automation solution is required.
Recent industry accolades include being named:
- Marketplace App of the Year by Google;
- Best Office 365 App by Microsoft;
- 2016 Cloud 100 Winner by Forbes;
- #15 Highest Rated Private Cloud Company to Work For by Glassdoor and Battery Ventures;
- #130 on Deloitte’s Technology Fast 500™ranking
"The future of work is collaboration," said Nikki Baird, Managing Partner of Retail Systems Research, and industry analyst firm. "Employees are being asked to do more and know more, and to solve increasingly complex problems that cross roles, internal organizations, and even corporate boundaries. The tools that enable and track collaboration are rapidly becoming critical to every enterprise."
Smartsheet is a SaaS company redefining the way that enterprises, teams, and information workers produce their best work. Our award-winning work management and process automation platform delivers value for 95,000 customers and millions of information workers across more than 190 countries. Customers like Cisco, Salesforce, the GSA, Google, and over half of the Fortune 500 use Smartsheet across a range of departments to launch more than 15,000 new projects and processes every day. To learn more, visit www.Smartsheet.com.
Smartsheet is headquartered in Bellevue, Washington and as of August 2016, has 389 employees.