Multiple acquisitions, new office openings, and industry awards highlight continued momentum as company enters its 20^th year in business

February 20, 2019 – 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 20^th 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)