Smartsheet revenue rises 44% to $131.7M; CEO touts work management software for hybrid world

Smartsheet revenue rises 44% to $131.7M; CEO touts work management software for hybrid world

Smartsheet exceeded expectations for the second fiscal quarter, reporting revenue of $ 131.7 million, up 44% year over year, and non-GAAP loss of $ 5.2 million compared to 7.4 million U.S. dollar. The company’s annual recurring revenue topped $ 500 million for the first time as it rides tailwind from accelerating software adoption amid the … Read more

Clickety, a ‘project management for people’ tool from Puppet founder Luke Kanies, is shutting down

Clickety, a ‘project management for people’ tool from Puppet founder Luke Kanies, is shutting down

(Clickety picture) Clickety, a Portland, Oregon-based startup designed to help CEOs and managers record their relationships and conversations with employees, will close in late September. Puppet founder Luke Kanies, who founded the company in 2019, emailed customers Tuesday morning. Lukas Kanies. (Clickety photo) “It sucks to close,” wrote Kanies. “But we prioritize the health of … Read more

Soldo raises $180M for its business expense management platform – TechCrunch

Soldo raises $180M for its business expense management platform – TechCrunch

Expense management has long been a problem for employees and accounting departments: for many, tracking and analyzing money spending on behalf of a company is just too bogged down in legacy software that is ill-equipped for more modern needs. Today a UK startup developing solutions to bring the process into the 21st century announced a … Read more

Panopto acquires Ensemble Video to bolster enterprise video management platform

Panopto acquires Ensemble Video to bolster enterprise video management platform

(Panopto picture) Seattle-based corporate video platform Panopto has acquired Syracuse, NY-based Ensemble Video, which also operates a platform that enables customers to manage and publish video content. The ensemble was founded in 2005 after a group of Syracuse University staff developed a new way to manage video content for the institution. It works primarily with … Read more

AccountsIQ scores €5.8M for its financial management software for multi-entity SMEs – TechCrunch

AccountsIQ scores €5.8M for its financial management software for multi-entity SMEs – TechCrunch

AccountsIQ, a financial management software (FMS) startup founded by a team of accountants (if accountants want to be entrepreneurs, you know startups are one thing) has raised $ 5.8 million in funding. The Dublin-based company, which caters to medium-sized businesses that run multiple businesses, is backed by Finch Capital, the fintech-focused VC that recently launched … Read more