Cvent Named by Deloitte as One of the 50 Fastest Growing Companies in Virginia

October 21, 2008 – NEW YORK and MCLEAN, VA – Cvent was recently ranked number 31 on the Deloitte & Touche LLP list of the fastest growing technology companies in Virginia. The "Deloitte Virginia Technology Fast 50" is an annual award program that ranks technology companies located in Virginia based on the percentage revenue growth over five years.

Cvent's Chief Financial Officer, Thomas Kramer, credits the achievement to having loyal customers, offering world-class products, and the efforts of Cvent's 400 employees over the last 10 years. "Cvent is honored to be included in the Deloitte Technology Fast 50 for Virginia," stated Kramer. "To be ranked 31 out of 50 fast growth companies in this hi-tech corridor is an outstanding accomplishment."

"Deloitte's Virginia Technology Fast 50 companies have shown the strength, vision and tenacity to succeed in today's very competitive technology environment," said Mr. Gary H. Tabach, Managing Partner for Deloitte's Greater Washington Practice.

"The 2008 Virginia Fast 50 companies are especially noteworthy this year given their remarkable growth in a challenging business environment. As a firm that works with many of the world's most successful technology and life science businesses, Morrison & Foerster is proud to be associated with the great companies being honored today," said Tom Knox, Partner and Co-Chair of the firm's East Coast and Europe Corporate Practices.

Winners are selected based on percentage revenue growth over five years from 2003 to 2007. To be considered, Technology Fast 50 entrants must: have operating revenues of at least $50,000 in 2003 and at least $5,000,000 in 2007; be headquartered in Virginia; be a "technology company," defined as a company that owns proprietary technology that contributes to a significant portion of its operating revenues; or devotes a significant proportion of revenues to the research and development of technology. Using other companies' technology in a unique way does not qualify. Subsidiaries and divisions are not eligible, unless they have some public ownership and are separately traded.

 

About Cvent

Cvent is a leading meetings, events, and hospitality technology provider with 4,800+ employees and ~22,000 customers worldwide as of December 31, 2023. Founded in 1999, the company delivers a comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create engaging, impactful experiences. Cvent is headquartered in Tysons, Virginia, just outside of Washington D.C., and has additional offices around the world to support its growing global customer base. The comprehensive Cvent event marketing and management platform offers software solutions to event organizers and marketers for online event registration, venue selection, event marketing and management, virtual and onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the event management lifecycle and maximize the impact of in-person, virtual, and hybrid events. Hotels and venues use Cvent’s supplier and venue solutions to win more group and corporate travel business through Cvent’s sourcing platforms. Cvent solutions optimize the event management value chain and have enabled clients around the world to manage millions of meetings and events. For more information, please visit Cvent.com

About Deloitte

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