Deloitte Names Cvent One of America's Fastest Growing Tech Companies
By Matt Alderton
November 21, 2012
Meetings technology company Cvent, which provides cloud-based software for event management, site selection and web surveys, has been included in the 2012 Technology Fast 500, Deloitte's ranking of the 500 fastest growing technology, media, telecommunications, life sciences and clean technology companies in North America, it announced last week.For a recap of last week's top stories, check out MeetingNews Minute:
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Deloitte, which based its rankings on the percentage of fiscal year revenue growth achieved between 2007 and 2011 — the average among Technology Fast 500 companies being 2,774 percent — ranked Cvent No. 350 on its list.
"We are thrilled to be honored with this prestigious accolade alongside other leading technology companies like Salesforce.com, Eloqua, Jive Software and Zillow," said Cvent CFO Pete Childs. "Our growth is fueled by a combination of key factors, including our industry-leading suite of products, significant employee growth over the past year and our award-winning client services team. As we grow, we continue to maintain our focus on providing solutions to meet our clients' diverse needs."