Cvent Lands Huge $136 Million Funding Round
Cvent, a company that specializes in online event management tools, said today it has secured a funding round worth $136 million, led by New Enterprise Associates and Insight Venture Partners with Greenspring Associates participating. The company, based in McLean, Va., says it plans to hire 200 people during the next year. Its customers include Coca-Cola, Procter & Gamble and Wells Fargo.