Cvent Expands Global Headcount by Nearly 1,000 New Employees and Adds More Than 5,000 New Customers in 2018
Multiple acquisitions, new office openings, and industry awards highlight continued momentum as company enters its 20th year in business
Tysons, Va – February 20, 2018 – In 2018, more than 5,000 new customers selected Cvent, a market-leading meetings, events, and hospitality technology provider, for their event management and group business needs. These new clients add to Cvent’s growing global customer base, which includes more than 50 percent of the Fortune 500 and 80 percent of the Fortune 100. To support the company’s impressive growth, Cvent opened two new offices in Germany and Dubai, expanding their global presence to 19 locations around the world, and hired nearly 1,000 new employees, bringing the total headcount to more than 3,700 worldwide. The company also acquired three companies in 2018 to broaden and deepen its solution capabilities and won numerous industry awards that highlight Cvent’s industry impact, strong growth, and best-in-class technology.
"2018 was another incredible year for us,” said Cvent CEO and Founder, Reggie Aggarwal. “We added more customers than at any time in Cvent’s history across a broad range of industries and locations around the world – and expanded our headcount to service and support those new clients. We continue to develop and launch innovative solutions and enhance our portfolio through acquisitions – including QuickMobile, Kapow, and Social Tables – and are already seeing substantial results from these investments. Momentum has never been stronger, and we look forward to another successful year in 2019 – our 20th year in business.”
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. In 2018, Cvent launched its next-generation user experience for its flagship event website and registration solution and published its Event Management Technology for Dummies® book produced in partnership with the acclaimed Wiley brand. Organizations that chose Cvent over the past year include Prudential, Cisco Systems, Global Business Travel Association (GBTA), AstraZeneca Australia, Boston College, Qualtrics, JTB India, and the American Federation of Teachers.
Cvent Hospitality Cloud
Event planners and corporate travel managers source more than $16 billion dollars in business through Cvent’s online platforms each 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. In 2018, Cvent introduced new and enhanced business intelligence (BI) tools across its Hospitality Cloud product suite to help hoteliers better understand their market position and improve sales outcomes and launched Cvent Microsites for hotel chains to build customizable branded websites within the Cvent Supplier Network to increase engagement with event planners and marketers. Organizations that chose Cvent over the past year include Caesars Entertainment, Oracle Hospitality, AccorHotels, Four Seasons Hotel Singapore, Jumeirah, Hamburg Convention Bureau, and the Department of Culture and Tourism - Abu Dhabi.
Cvent continues to win industry awards around the world across a broad spectrum of functions including technology, customer service, employee satisfaction, and product innovation. Recent award wins include:
CEO and Founder Reggie Aggarwal recognized as number one CEO on “Top 50 SaaS CEO” list published by The SaaS Report
Certified Great Place to Work® in both the U.S. and India. The accolade puts Cvent in consideration for additional top workplace awards include the prestigious Fortune 100 Best Companies to Work For
Most Customer Friendly Company, Best in Biz Awards (U.S.)
Excellence in Sales Training, Institute for Excellence in Sales (U.S.)
Outstanding Contribution to Event Technology – Reggie Aggarwal, Event Technology Awards (UK)
Best Event Management Technology, Spice Magazine (Australia)
Asia’s Leading Travel Technology Provider, World Travel Awards (Singapore)
Successful Use of Technology in Events & Promotions, ACEF Global Customer Engagement Awards (India)
About Cvent, Inc.
Cvent is a leading meetings, events, and hospitality technology provider with more than 4,000 employees, 25,000 customers, and 300,000 users worldwide. The Cvent Event Cloud offers software solutions to event planners and marketers for online event registration, venue selection, event management and marketing, onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the planning process to maximize the impact of events. The Cvent Hospitality Cloud partners with hotels and venues to help them drive group and corporate travel business. Hotels use the Cvent Hospitality Cloud’s digital marketing tools and software solutions to win 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 hundreds of thousands of meetings and events. For more information, please visit Cvent.com, or connect with us on Facebook, Twitter or LinkedIn.