Smartsheet to Acquire Brandfolder Adding Content Management to Workflow Automation Offering

Smartsheet (NYSE: SMAR), the enterprise platform for dynamic work, today announced that it has agreed to acquire Brandfolder, the market momentum leader in digital asset management (DAM), as awarded in a 2020 G2 Report. Combining Brandfolder’s world-class DAM capabilities with Smartsheet’s leading collaborative work management platform will create a dynamic solution that manages workflows around content and collaboration, and enable organizations to break down silos, execute more effectively, and make better decisions faster.

Established in 2012 and headquartered in Denver, Colorado, Brandfolder provides a centralized platform to easily organize, discover, control, distribute, and measure all forms of digital content. In addition to supporting the logistics of content management, Brandfolder’s capabilities provide insights and analysis on the discoverability and reusability of assets throughout the entire content lifecycle for internal and external stakeholders. Built for companies of all sizes and industries, Brandfolder is used by some of the world’s most innovative and valuable brands including major retailers, technology companies, consumer packaged goods, professional sports teams, media companies, and creative agencies.

“Content is becoming an increasingly central component of any enterprise workflow across a broad range of departments, including marketing, legal, finance, and sales,” said Mark Mader, CEO of Smartsheet. “Brandfolder’s content capabilities coupled with Smartsheet’s powerful workflow and collaboration features will provide teams with a dynamic solution to securely manage, share, and publish their content, empowering cross team and organization collaboration.”

With Brandfolder, Smartsheet customers will be able to manage, track and discover all content within their workflows reducing the creation of repetitive assets to drive greater transparency and efficiency. Internal teams will be able to gain insights into their content and make strategic asset decisions with Brandfolder’s performance data features through brand-specific tags that track where the content is being used and how it's performing. This tagging also enables external contributors to easily identify and utilize assets through Brandfolder’s identification and categorization search capabilities.