Market Overview

Cvent's Founder and CEO Reggie Aggarwal Recognized as Number One SaaS CEO on The SaaS Report's Annual List

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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.

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