Cvent

Cvent is a leading provider of event management technology, offering a comprehensive suite of solutions designed to streamline the planning and execution of events. Founded in 1999, the company specializes in software that assists with event registration, venue selection, event marketing, and attendee engagement. Cvent's platform is utilized by event planners and marketers to enhance the efficiency and effectiveness of their events, ranging from small meetings to large conferences. The company's technology also provides data analytics tools to measure event success and improve future events. Headquartered in Tysons Corner, Virginia, Cvent serves a global clientele, emphasizing innovation and customer support in the event management industry.

Cvent was founded in September 1999 by Reggie Aggarwal. Initially, the company had a small team of six people and received $17 million in venture capital funding. Despite facing challenges during the dot-com bubble burst and the September 11 attacks, Cvent became profitable again by 2003. Over the years, the company has experienced significant growth, including a 50% annual growth rate in 2011.

Cvent has undergone several funding rounds and ownership changes. In 2011, it received $136 million from New Enterprise Associates, marking a significant investment in a U.S. software company at the time. Cvent went public on the New York Stock Exchange in 2013, raising $117.6 million with a market capitalization exceeding $1 billion. The company was acquired by Vista Equity Partners for $1.65 billion in 2016 and later went public again through a SPAC merger in 2021. In 2023, Cvent was taken private by Blackstone Inc. for $4.6 billion.