Cvent offers web-based software with features including online event registration, event management, event website creation, meeting site selection, event sourcing, and online surveys. Cvent helps over 10,000 event, marketing, and business professionals plan over 100,000 events, surveys, and marketing campaigns per year. Cvent's users have sent over 175 million email invitations, have processed $750 million in online payments, and have managed over 5 million registrations and responses using Cvent's software.
Cvent Reports 55% Increase in Sales and New Product Features
Cvent is a leader in web-based event management, eMarketing and online survey solutions, announced another record breaking year in 2007, with sales increasing by 55%. For the fourth quarter ending December 31, 2007 Cvent completed its 20th consecutive profitable quarter.
Cvent signed over 1,000 new event management customers during 2007, setting company records for the most customers acquired in one year including companies such as The Washington Post, Exxon Mobile, Harvard Business School, Forbes Magazine, The Boston Globe, SAS Institute, Network Solutions, Check Point Software Technologies, Siemens Energy and Automation, Disney Consumer Products, PNC Financial Services Group, The New York Times, and Halliburton Energy Services.
Cvent also signed over 500 new clients for its Web Survey offering including organizations such as Southwest Airlines, National Geographic, International Monetary Fund, Au Bon Pain, and Checkers Drive in Restaurants.
In addition to Cvent's increasing client base, the McLean-based company has undergone significant employee growth and added substantially to customer-facing sales, operations and client services teams. Cvent hired 135 new employees in 2007, bringing the company full-time employee total headcount to over 300 employees. The company plans to continue to hire aggressively in 2008 to meet its technology and growing customer's needs.
