Bellevue startup, Smartsheet.com gets $2.69 million financing deal

Bellevue online project management startup Smartsheet.com has landed $2.69 million in new venture capital financing in a deal led by Madrona Venture Group and former Onyx Chief Executive Brent Frei.

The nine-person company competes against Microsoft Corp., 37 Signals, Google’s JotSpot and eProject, a 110-person Seattle company that just landed $12 million in funding from Bay Partners and others last month.

By JOHN COOK
P-I REPORTER

Full Story: http://seattlepi.nwsource.com/business/319922_smartsheet15.html