Smartsheet (NYSE:SMAR) has unveiled a new office in Sydney, Australia, to better serve its customers in the Asia Pacific region, company officials announced.
The new office, located in Sydney’s central business district, has space to employ up to 60 and will initial include sales, business development, human resources, marketing, finance and customer-service functions. Smartsheet is a fast-growing tech company offering a cloud platform that integrates multiple applications from industry leaders such as Microsoft, Google and DocuSign. The platform improves collaboration and manages workflows across an enterprise.
“Sydney offers a rich talent pool and growing tech industry making it a compelling location for Smartsheet’s continued global expansion," says Mark Mader, CEO of Smartsheet. “We’re committed to investing in this region to better serve new and existing customers in Australia, New Zealand, Japan and the greater Asia Pacific geography.”
The Sydney office is opening amid devastating wildfires that are ravaging Australia. The company is supporting and helping to raise money for relief efforts being provided by the Australian Red Cross.
The 1,500-employee Smartsheet, which went public in 2018, has some 83,000 customers in 190 countries. It posted revenue of $177.7 million for the year ending Jan. 31, 2019, up nearly 60% year over year. In addition to its Bellevue headquarters and new Sydney location, the company also operates offices in Boston, London and Edinburgh, Scotland.
Smartsheet also is expanding via acquisitions. This past May, Smartsheet acquired Seattle-based 10,000ft, a SaaS platform that provides its customers with real-time resource and capacity planning across multiple projects. Among the clients that 10,000ft brought to the deal were Accenture, Stanford University and Mercedes-Benz.
Other Smartsheet acquisitions include United Kingdom-based chat-bot platform Converse.AI, purchased in January 2018, and Seattle startup TernPro, makers of Slope, a management app for creative projects, acquired in January 2019.