TYSONS CORNER, Va.--(BUSINESS WIRE)--Cvent, Inc., a market leader in meetings, events, and hospitality technology, today announced that Cvent Founder and CEO Reggie Aggarwal was awarded the number one spot on this year’s Top 50 SaaS CEOs list published by The SaaS Report. The annual list ranks top-performing software as a service (SaaS) CEOs based on numerous factors including company growth, corporate culture, and professional achievement. This year’s list included CEOs from other top companies such as Salesforce, Service Now, Slack, Shopify, and Splunk. This is the second year in a row that Mr. Aggarwal has been recognized on this exclusive list of top SaaS CEOs.
“I am incredibly honored to be recognized as this year’s top SaaS CEO. To be included with other exceptional CEOs from some of the largest and most successful SaaS companies in the world is a true privilege,” said Aggarwal. “While the list highlights individuals, my inclusion on the list represents the dedication of the entire Cvent team and all of the incredible work being done across the world. I cannot thank our employees enough for allowing me to accept this award on behalf of what we have all accomplished together.”
The CEOs were selected based on five primary factors – company growth, work culture, product technology, financial performance, and professional experience. Research was conducted using a broad set of data including information from reported financials (where available), company press releases, Glassdoor, LinkedIn, and other sources.
“We scour thousands of nominations for hundreds of CEOs in search of industry leaders that embody energy, intelligence, integrity, build great corporate cultures and drive company growth,” said J. Carlos, Editor, The SaaS Report. “Mr. Aggarwal’s employees and peers universally recognized his outstanding traits and achievements, and credit these attributes to helping Cvent succeed through adversity in its early days and grow to become the clear market leader in event and hospitality technology worldwide.”
Since founding Cvent as a two-person start-up in 1999, Aggarwal has led the company’s global expansion from the beginning and the brand now employs more than 3,300 employees in 17 offices worldwide. Cvent went public in 2013 and its strong performance on the New York Stock Exchange ultimately led to their acquisition for $1.65 billion by Vista Equity Partners in November 2016, offering a 70 percent premium for stockholders. Cvent has continued impressive growth and momentum as a private company, expanding headcount, adding to its global customer base, and announcing multiple acquisitions.
About Cvent, Inc.
Cvent, Inc. is a leading meetings, events, and hospitality management technology provider with more than 3,300 employees, 25,000 customers, and 300,000 users worldwide. The Cvent Event Cloud offers software solutions to event planners and marketers for online event registration, venue selection, event management and marketing, onsite solutions, and attendee engagement. Cvent’s suite of products automate and simplify the planning process to maximize the impact of events. 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 Facebook, Twitter or LinkedIn.
About The SaaS Report
The SaaS Report is a comprehensive source for market insights, business news, investment activity and corporate actions related to the SaaS and software sectors. Based in New York City, the firm is run by a seasoned team of editors, writers and media professionals highly knowledgeable on SaaS and the various companies, executives and investors that make up the sector.