Cvent Continues Strong Growth Adding Nearly 1,400 New Customers in Q2 2019
Market-leading event technology company expands platform with multiple acquisitions and new product offerings
Sept 10, 2019 – In the second quarter, nearly 1,400 new customers selected Cvent, a market-leading meetings, events, and hospitality technology provider, for their event management and group business needs. The new customers further expand Cvent’s global customer base, which includes more than 50 percent of the Fortune 500 and 80 percent of the Fortune 100. In addition to customer growth in Q2, the company acquired both Wedding Spot and DoubleDutch, and unveiled several key product enhancements during its annual user conference, Cvent CONNECT, in Las Vegas.
“This year marks our 20th year in business, and we’re growing our global customer base and enhancing our product offerings faster than we ever have before,” said Chuck Ghoorah, co-founder and president of worldwide sales and marketing. “To support this exponential growth, we’ll hire nearly 700 people this year to drive product development and support our more than 300,000 users around the world. While our comprehensive platform is unmatched in the industry, our people are what make the difference. They are why we continue to elevate our service levels and solution offerings year after year, helping event planners, marketers, and hoteliers drive revenue and maximize their business impact.”
Cvent Event Cloud
For event professionals and marketers, Cvent provides easy-to-use, integrated technology solutions to maximize the impact of meetings and events of all sizes – helping organizations plan and market events, execute onsite, engage audiences and measure and analyze results and return on investment. Organizations that chose Cvent include Nike, Tableau, Takeda Pharmaceuticals, Autodesk, Duke University, and Delta Airlines.
Cvent Hospitality Cloud
Event planners and corporate travel managers sourced more than $16 billion dollars in business through Cvent’s online platforms last year, and the Cvent Hospitality Cloud offers clients direct access to these buyers. By connecting hotels with buyers and providing technology for winning and servicing customers, the Cvent Hospitality Cloud helps hoteliers grow and own their group and corporate travel business. Organizations that chose Cvent include Wyndham Hotels and Resorts, Meliá Hotels International, Four Seasons Hotel One Dalton Street, Boston, Shangri-La Hotel Singapore, Los Angeles Tourism and Convention Board, and Discover Puerto Rico.
The company also continues to win awards for outstanding performance across a broad spectrum of functions. Most notably, for the second year in a row, Cvent CEO and Founder, Reggie Aggarwal, was named the number one CEO on the Top 50 SaaS CEOs list and the company was named a 2019 Top Workplace by the Washington Post.
Learn more about Cvent and view the more than 350 positions open worldwide here
Cvent is a leading meetings, events, and hospitality technology provider with more than 4,000 employees, 30,000 customers, and 300,000 users worldwide. Founded in 1999, the company delivers the most comprehensive event marketing and management platform and offers a global marketplace where event professionals collaborate with venues to create unmatched experiences. Cvent is headquartered in McLean, Virginia, just outside of Washington D.C., and has additional offices in London, Frankfurt, Dubai, Melbourne, New Delhi, and Singapore among others, 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, onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the entire event management process 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 and to service their customers directly, efficiently and profitably – helping them grow and own their business. Cvent solutions optimize the entire 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, or connect with us on Facebook, Twitter or LinkedIn.