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Cvent Fredericton Announces Accelerated Expansion Plans with Support from Opportunities New Brunswick

August 8, 2018

FREDERICTON, New Brunswick--(BUSINESS WIRE)--Aug 8, 2018--Cvent, Inc., a market leader in meetings, events, and hospitality technology, today announced plans to expand their Fredericton office and accelerate their headcount growth with support from Opportunities New Brunswick (ONB). The $385,000 investment, in the form of payroll support, will help to create 25 full-time positions in the region over the course of 3 years and highlights Cvent’s dedication to growing its presence in this region. The two parties made the announcement at a joint press conference this morning in Fredericton.

“When we first opened our Fredericton location in 2014, there were five people in the office. Now, less than four years later, we have nearly 100. This immense expansion is due in large part to the incredible local talent that the New Brunswick area offers,” said Pradeep Mannakkara, Senior Vice President and Chief Information Officer at Cvent, who was on hand to make the announcement. “With the generous support from Opportunities New Brunswick, we are able to accelerate this growth even further and continue to attract and retain top talent. As a global leader in the industry, we are dedicated to creating innovative products that help us transform the meeting and events industry – and we are looking forward to leveraging our resources in New Brunswick as we continue to innovate globally.”

“Strategic investments in cutting-edge companies like Cvent are driving economic growth in New Brunswick,” said deputy premier Stephen Horsman. “Cvent is offering the types of jobs that young New Brunswickers are going to want to pursue. This is more evidence that our economic growth plan is working and that we are getting things done on behalf of this province’s working families.”

To support the expanded headcount, Cvent will move the Fredericton team to a state-of-the-art 15,000 sq. ft. fully renovated office this November, located in the heart of downtown.

“Cvent has continued to steadily grow from a small startup in 1999, to a globally recognized software leader with more than 3,200 employees across 17 offices worldwide,” said Founder and CEO Reggie Aggarwal. “While our growth has been rapid, our winning culture – and our unwavering focus on our employees – has remained core to what we do. We continue to invest heavily in our regional offices like Fredericton to ensure we can innovate at a rapid pace. We encourage everyone who wants to be part of an incredibly dynamic, fast-growing technology company to apply and join our team.”

For more information and a list of open positions, visit  www.cvent.com/careers. Follow the hashtag #CventNation on Twitter and Instagram for an insider’s look into the employee experience.

About Cvent

Cvent, Inc. is a leading meetings, events, and hospitality management technology provider with more than 3,200 employees, 25,000 customers, and 300,000 users worldwide. The Cvent Event Cloud offers software solutions to event planners for online event registration, venue selection, event management, mobile apps for events, email marketing, and web surveys. 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. Cvent solutions optimize the entire event management value chain and have enabled clients around the world to manage hundreds of thousands of meetings and events. For more information, please visit  Cvent.com, or connect with us on  FacebookTwitter  or  LinkedIn.

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005558/en/

CONTACT: Cvent, Inc.

Erica Stoltenberg, 571-378-6240

estoltenberg@cvent.com

KEYWORD: UNITED STATES NORTH AMERICA CANADA VIRGINIA

INDUSTRY KEYWORD: ENTERTAINMENT TECHNOLOGY DATA MANAGEMENT SOFTWARE TRAVEL LODGING MOBILE/WIRELESS PROFESSIONAL SERVICES HUMAN RESOURCES COMMUNICATIONS MARKETING EVENTS/CONCERTS

SOURCE: Cvent, Inc.

Copyright Business Wire 2018.

PUB: 08/08/2018 12:08 PM/DISC: 08/08/2018 12:08 PM

http://www.businesswire.com/news/home/20180808005558/en

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