Press release

Cvent Continues Strong Growth Adding 1,200 New Customers in Q1 2019

Sponsored by Businesswire

In the first quarter, 1,200 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. To support
their rapid growth, Cvent plans to increase recruiting efforts and
continue their global headcount expansion by adding nearly 1,000
employees in 2019.

“We had a great 2018 and our strong momentum continued into the first
quarter of 2019 as 1,200 organizations around the world chose Cvent,”
said Chuck Ghoorah, Co-Founder and President of Worldwide Sales and
Marketing. “Our unique ability to power the entire meetings and events
ecosystem is driving our global growth. We offer the broadest and
deepest solutions, 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
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 Zoom Video Communications, Skift,
Okta, Veeva Systems, University of New England, and Alaska 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 Four Seasons Hotels and Resorts, TopGolf, Tourism
Toronto, iPlay America, the Singapore Exhibition & Convention Bureau,
and the Dublin Convention Bureau.

The company also continues to win awards for outstanding performance
across a broad spectrum of functions. Most notably, Cvent won 12
Stevie Awards
for Sales and Customer Service and was named a 2019
Best Place to Work by the Washington Business Journal.

About Cvent

Cvent is a leading meetings, events, and hospitality software company
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. For more
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