Cvent Ranked 350th Fastest Growing Company in North America on Deloitte's 2012 Technology Fast 500™ List
Global leader in meetings and event management technology acknowledged for tremendous growth and significant success for second consecutive year
MCLEAN, Va., - Cvent , the world's largest cloud-based provider of event management, meeting site selection and web survey solutions, today announced it was ranked 350th on Deloitte's Technology Fast 500™ list, a ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America. This is the second consecutive year Cvent has earned a spot on this list.
"We are thrilled to be honored with this prestigious accolade alongside other leading technology companies like Salesforce.com, Eloqua, Jive Software, and Zillow," said Pete Childs, chief financial officer at Cvent. "Our growth is fueled by a combination of key factors including our industry-leading suite of products, significant employee growth over the past year and our award-winning client services team. As we grow, we continue to maintain our focus on providing solutions to meet our clients' diverse needs.
Overall, this year's Technology Fast 500™ companies achieved revenue growth ranging from 128 percent to 279,684 percent from 2007 to 2011, with an average growth of 2,774 percent. Additionally, 40 percent of the organizations recognized on this prominent list were software companies.
"We are proud to honor the 2012 Technology Fast 500™ companies, and commend them for their outstanding growth," said Eric Openshaw, vice chairman, Deloitte LLP and U.S. technology, media and telecommunications (TMT) leader. "These ground-breaking companies have outpaced their competition and are reinventing the way we do business today."
For more information about the Deloitte Technology Fast 500™ please visit http://www.deloitte.com/us/fast500/.
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's 2012 Technology Fast 500™
Technology Fast 500, conducted by Deloitte & Touche LLP, provides a ranking of the fastest growing technology, media, telecommunications, life sciences and clean technology companies - both public and private - in North America. Technology Fast 500 award winners are selected based on percentage fiscal year revenue growth from 2007 to 2011. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute to a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD or CD, and current-year operating revenues of at least $5 million USD or CD. Additionally, companies must be in business for a minimum of five years, and be headquartered within North America.