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词条 Cvent
释义

  1. History

  2. Software and services

  3. External links

  4. References

{{news release|1=article|date=July 2017}}{{Infobox company
| logo = Cvent-logo-2.png
| type = Private
| industry = Software for events, conferences, and meetings
| founder = {{ubl|Reggie Aggarwal}}
| key_people = {{nowrap|Reggie Aggarwal (CEO)[1]}}
| owner = Vista Equity Partners
| num_employees = 4,000+
| company_type = Public
|
| foundation = 1999
| location_city = Tysons Corner, Virginia
| location_country = United States
| homepage = www.cvent.com
}}

Cvent, Inc. is a privately held software-as-a-service (SaaS) company that specializes in market-leading meetings, events, and hospitality management technology. The company offers web-based software for meeting site selection, online event registration, event management, email marketing, and web surveys.[2] The company is owned by private equity firm Vista Equity Partners.

History

Cvent was founded in September 1999 by Reggie Aggarwal. That same year it received $17 million in venture capital and grew its staff to 125 employees. Following the dot-com bubble burst and the September 11 attacks, Cvent faced near-bankruptcy and was forced to cut 80% of its staff.[3]

The company became profitable again by 2003. In 2011, Cvent was growing by 50% a year and received $136 million of funding from New Enterprise Associates in July 2011, which, at the time, was the largest investment in a U.S. software company since 2007.[3][4][5]

In 2012, the firm entered the mobile market by acquiring two event application developers. On June 13, it announced acquisition of Austin-based startup Seed Labs, recently rebranded as CrowdTorch, for $4.2 million.[6] Seven days later, it announced its acquisition of Portland-based application developer CrowdCompass for $10 million.[7] CrowdTorch develops mobile applications for consumer-oriented events and CrowdCompass develops mobile applications for business-related events.[6] Cvent filed an S-1 with the U.S. Securities and Exchange Commission on July 8, 2013, proposing an initial public offering of 5.6 million shares.[8] It went public on the New York Stock Exchange on August 9, 2013,[8] at an initial price of $21.[9] The company raised $117.6 million and received a market capitalization of more than a billion dollars. The IPO was referenced in regards to its use of the JOBS Act, which enabled the company to quickly offer an IPO.[9]

In 2016, the company was acquired by venture capital company Vista Equity Partners for $USD 1.65 billion.[10] Ashok Trivedi, the co-founder of Mastech Digital and iGate was an early investor of the company.[11]

On June 5, 2018 Company announced that it has acquired [https://www.kapow.com/ Kapow], a leading online platform that allows companies to find and instantly book unique venues and curated experiences via a credit card.[12]

Software and services

In July 2000 Cvent introduced its first SaaS product, a web-based tool for event planners to manage invitations and collect registration fees.[13][14] In 2006, it introduced a product for conducting online surveys,{{citation needed|date=November 2013}} which was followed by the introduction of the Cvent Supplier Network two years later. The Supplier Network is a free, online marketing place that connects meeting planners with venues and services.[15] In 2009, the company began offering professional services.{{Citation needed|date=November 2013}}

An app development tool, CrowdTorch, was launched in 2009.{{Citation needed|date=November 2013}} Cvent also produces a Destination Guide, a free, online, 8,000-page travel guide designed for meeting planners with information about 800 different destinations.[16] A "Strategic Meetings Management" helps users manage budgets.[17][18]

External links

  • Official website

References

1. ^{{cite web|url=http://www.cvent.com/en/company/management-team.shtml |title=Cvent Leadership |publisher=Cvent |accessdate=August 5, 2013}}
2. ^{{cite web|url=https://techcrunch.com/2012/06/13/event-management-giant-cvent-scoops-up-seed-labs-to-help-it-go-mobile/|title=Event Management Giant Cvent Scoops Up Seed Labs To Help It Go Mobile|work=TechCrunch|date=June 13, 2012}}
3. ^{{cite web|url=https://techcrunch.com/2011/07/20/there-and-back-again-how-cvents-founder-stood-by-his-company-for-better-or-bankruptcy/|title=There And Back Again – How Cvent’s Founder Stood By His Company, For Better Or Bankruptcy|work=TechCrunch|date=July 20, 2011}}
4. ^{{cite web|url=https://blogs.wsj.com/venturecapital/2011/07/21/the-daily-start-up-nea-insight-lead-mega-round-for-cvent/|title=The Daily Start-Up: NEA, Insight Lead Mega-Round For Cvent|work=Wall Street Journal|date=July 21, 2011}}
5. ^{{cite web|url=http://www.washingtontimes.com/news/2011/oct/19/venture-investments-grow-in-3q-from-last-year/|title=Venture investments grow in 3Q from last year|work=The Washington Times|date=October 19, 2011}}
6. ^{{cite web|url=https://www.washingtonpost.com/with-pair-of-acquisitions-cvent-expands-into-mobile/2012/06/22/gJQAK7qC0V_story.html|title=With a pair of acquisitions, Cvent expands into mobile|work=The Washington Post|date=June 24, 2012}}
7. ^{{cite web|url=https://techcrunch.com/2012/06/19/cvent-buys-crowdcompass/|title=After Seed Labs, Cvent Snags CrowdCompass For $10M To Double Down On Mobile Event Apps|work=Tech Crunch|date=June 19, 2012}}
8. ^{{cite web|url=https://www.wsj.com/article/BT-CO-20130729-706761.html|title=Cvent Unveils Estimated Terms of Planned IPO of 5.6 Million Shares|work=Wall Street Journal|date=July 29, 2013}}
9. ^{{cite web|url=http://www.bizjournals.com/washington/blog/techflash/2013/08/cvent-stock-drifts-back-to-earth.html|title=Cvent stock drifts back to earth|work=Washington Business Journal|date=August 14, 2013}}
10. ^{{cite web|url=https://www.washingtonpost.com/news/capital-business/wp/2016/11/29/after-months-of-government-scrutiny-1-65b-cvent-acquisition-is-finalized/|title=After months of government scrutiny, $1.65B Cvent acquisition is finalized |website=Talari.com |date=2016-11-29 |accessdate=2017-06-26}}
11. ^{{Cite news|url=https://inc42.com/flash-feed/ashok-trivedi-family-office/|title=Ashok Trivedi Floats $500 Mn Corpus - Establishes Family Office For Investing In Early-Stage Tech Startups - Inc42 Media|date=2016-12-27|work=Inc42 Media|access-date=2018-05-17|language=en-US}}
12. ^{{Cite news|url=https://www.cvent.com/en/press-release/cvent-acquires-kapow-deliver-unique-event-experiences-drive-engagement-and-increase/|title=Cvent Acquires Kapow to Deliver Unique Event Experiences That Drive Engagement and Increase Sales|date=2018-06-05}}
13. ^{{cite web|url=http://www.bizjournals.com/washington/stories/2001/04/30/focus3.html|title=For Cvent, recent months a mix of ups and downs|work=Washington Business Journal|date=April 30, 2001}}
14. ^{{cite web|url=https://www.washingtonpost.com/wp-dyn/content/article/2010/11/07/AR2010110703933.html|title=How Reggie Aggarwal turned Cvent into a success|work=The Washington Post|date=November 7, 2010}}
15. ^{{cite web|url=http://www.hospitalityworldnetwork.com/markets/cvent-launches-event-venue-directory-and-rfp-management-system-3130|title=Cvent launches event venue directory and RFP management system|work=Hospitality World Network|date=October 23, 2008}}
16. ^{{cite web|url=http://www.conference-news.co.uk/news/2012/02/02/Cvent-launches-new-edition-of-Destination-Guide/3989|title=Cvent launches new edition of Destination Guide|work=Conference News|date=February 2, 2012}}
17. ^{{cite web|url=http://www.successfulmeetings.com/Event-Planning/Technology-Solutions/Articles/Cvent-Targets-Strategic-Meetings-Management/|title=Cvent Targets Strategic Meetings Management|work=Successful Meetings|date=June 3, 2009}}
18. ^{{cite web|url=http://www.traveldailynews.com/pages/show_page/43777-Creative-Group-selects-Cvent-as-strategic-meetings-management-technology-partner|title=Creative Group selects Cvent as strategic meetings management technology partner|work=Travel Daily News|date=June 13, 2011}}

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