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
Seena Mortzavi, CEO of Chronus. (Chronus photo) Chronus, the Bellevue, Washington-based maker of mentoring software, announced on Wednesday a new $ 78 million funding. Chronus offers digital tools that support companies in implementing employee development programs for mentoring and coaching. The strong new investment comes from Level Equity from New York and San Francisco. Demand … Read more
After some Google employees volunteered to return to the company’s offices last month, CEO Sundar Pichai says the tech giant will be introducing a new hybrid work week. In an extension of a pilot project that started in December, most employees will be out of the office for about three days and the other two … Read more