Praerit Garg joins Smartsheet as their new Chief Technology Officer. Photo courtesy of Smartsheet

Praerit Garg joins Smartsheet as their new Chief Technology Officer. Photo courtesy of Smartsheet

Praerit Garg joins Smartsheet as CTO

Bellevue-based company employs 760 people

The Bellevue-based work collaboration company Smartsheet announced that Praerit Garg would be leaving Amazon Web Services (AWS) to join Smartsheet as Chief Technology Officer.

Smartsheet is a market leader in cloud-based business management software. The company reports its software is being used by more than 70 percent of Fortune 500 companies.

Smartsheet was founded in 2006, gaining little traction in the marketplace until a 2010 application redesign grew their user base from 10,000 to 1 million between 2010 and 2012. The company currently employs around 760 people in its downtown Bellevue office.

“I’m looking forward to helping shape the engineering team and the product for the next decade,” Garg said in a blog on Smartsheet’s website. “It’s an absolute honor and a privilege to have this incredible opportunity to lead the Smartsheet engineering organization. I hope to accelerate our existing culture of innovation, for finding simpler solutions to hard problems, and for delivering great experiences for our customers.”

Garg has an extensive history in the tech industry, working at Microsoft for more than 12 years on different incarnations of the Windows operating system. He left the tech giant in 2007 to found Symform, a cloud storage company in the days before AWS and Microsoft would come to dominate the market. Symform was acquired in 2013 by Quantum, and Garg moved on to co-found Joggle(me) while working at Chronus Corporation as Chief Products Officer.

Garg joined AWS in 2014, working there for four years as General Manager of Identity, Directory and Access Services before departing for Smartsheet.

“Praerit brings the combination of technical management, customer focus and business savvy that are crucial for this important role,” Smartsheet CEO Mark Mader said. “We have a deep, innovative engineering team that is creating a collaborative work management platform at scale, and I’m confident we will reach even greater heights under his leadership.”

Smartsheet has made a handful of decisions in 2019 that have benefited the company financially. After raising more than $150 million in its Initial Public Offering (IPO), the company saw its stock steadily rise as it acquired various business applications. Most recently, Smartsheet acquired Slope, a business application that lets users easily manage and collaborate on projects.

At market close on Feb. 14, Smartsheet’s stock sat at $36.62, up from $26.54 when they acquired Slope on Jan. 15. The rising stock price indicates high demand for Smartsheet shares, which increases the company’s capital when traders buy stock in Smartsheet. In turn, investors expect Smartsheet to use their capital to increase the company’s long-term value.




Talk to us

Please share your story tips by emailing editor@courierherald.com.

To share your opinion for publication, submit a letter through our website https://www.courierherald.com/submit-letter/. Include your name, address and daytime phone number. (We’ll only publish your name and hometown.) Please keep letters to 500 words or less.

More in Business

Like Poland, America needs change | Brunell

Rioting, burning and looting don’t get us anywhere.

A new measure from the King County Council could increase flexibility for businesses in rural areas of King County. File photo
County measure would increase flexibility for businesses in rural areas

Staff report Legislation the King County Council passed June 23 could lead… Continue reading

MultiCare makes plans to come to Black Diamond

The Diamond Square complex is also looking for other local businesses to move in.

24 Hour Fitness to close clubs in Kent, Auburn, Renton

Panther Lake Kent location scheduled to reopen next month

China’s push for high-tech dominance

The country’s control of rare earth metals will give it a key advantage in this fight.

Westfield Southcenter Mall to reopen June 15

Modified hours; safety protocols

Enumclaw High students earn state FFA honors

Together, these eight students have completed a combined 2,880 hours of classroom instruction and 2,400 hours of work on their Supervised Agricultural Experience projects.

Goodwill to reopen donation centers, stores in King, Pierce counties

Including Kent, Auburn, Federal Way locations

Sound Publishing offering matching advertisement grants

Your local paper is offering $200,000 in matching grants so local businesses can stretch their advertising budgets.

New Emerald Queen Casino in Tacoma to open June 8

$400M, 310,000-square-foot facility will open with COVID-19 precautions

Muckleshoot Casino in Auburn to reopen May 26

Face masks to be required of guests and employees