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.

More in Business

Business alliance serves women of African diaspora in King County

Nourah Yonous launched the African Women Business Alliance in 2017 to find ways to lift women up.

Adding credentials can recession proof your career

Look at hard skills and soft skills to see where there may be a gap.

Winter chill begins to settle into real estate market

While there was an uptick in new listings, pending home sales and sold properties the last two months, things are quieting down.

Chiropractic instrument takes the crack out of spinal adjustment

Disc Centers of America Bellevue uses the Impulse iQ for comfort and results

Redmond’s Moonie Icy Tunes receives county small business award

The business makes a point to hire 5-10 college students every spring.

Recession proofing your career

The best time to prepare for an economic downturn is when the job market is strong.

Redmond real estate market transitions into fall

There may be less competition than last year but well-priced homes in great locations can still garner more than one offer.

Financial turmoil contributed to Ducati Redmond closure, records show

NobleRush owner owed nearly $2.7 million on new bikes.

Ducati Redmond, along with 4 other NobelRush dealerships were abruptly closed without notice on Sept. 19. Stephanie Quiroz/staff photo
Ducati Redmond closes abruptly

NobleRush closed five of its loc dealerships abruptly without notice.

Change to U.S.-backed condo loans comes as summer market wraps up

A monthly real estate snap shot by John L. Scott Real Estate.

Cannabis collab sees Seattle women join forces

Seattle cannabis vendor names new product after local recording artist SassyBlack’s new album

First AG lawsuit against company no-poach clause ends with $150K payment

Jersey Mike’s had the contract provisions in place until April 2018.