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Just the Facts: Cvent

Cvent (www.cvent.com) is a cloud-based enterprise event management company offering software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, e-mail marketing and web surveys. Its headquarters is in Tysons Corner, Va. Following are some facts.

  • Offers hoteliers an integrated platform, driving demand through targeted advertising and improving conversion through proprietary demand management and business intelligence solutions.
  • On pace to post $11.5 billion in sourcing volume through the Cvent Supplier Network in 2016.
  • April 18, 2016: Entered into definitive agreement to be acquired by private equity firm Vista Equity Partners for $1.65 billion.
  • Nov. 29, 2016: Merged with fellow Vista Equity Partners company and former competitor Lanyon Solutions.
  • Combined company has more than 2,500 employees worldwide
  • Combined company has approximately 28,000 customers in 100 countries.
  • Combined company has more than $50 billion in total RFP value since inception.
  • Also involved in Strategic Meetings Management, mobile platforms and Web survey software solutions.