Cvent Expands and Grows Headquarters in Virginia
Company Adds 400 Jobs in Fairfax County
Last fall, Cvent announced plans to expand its headquarters and move a few blocks to the former SAIC headquarters building in Tysons Corner, a booming business center along the Capital Beltway in Fairfax County, Va. The project will create 400 new jobs over the next three years and retain 451 jobs in the Commonwealth.
Cvent began in Virginia in 1999 as a two-person start-up, and has grown to become a leading cloud-based event planning platform. The global company completed its IPO (NYSE: CVT) in August 2013, and now has more than 1,500 employees worldwide. Cvent has won numerous awards, appearing on the Washington Business Journal’s Best Places to Work list five times.
The company will lease 130,000 square feet of space at "Greensboro Station," a Class A office complex named for the nearby Greensboro Metro Station that is part of the Silver Line D.C. Metro extension. The company plans to invest $7 million to expand its headquarters and move in the second half of 2014.
Fairfax County’s premier IT workforce was a significant factor in Cvent's decision. Virginia has the highest concentration of high-tech workers, according to Cyberstates 2013.
"Virginia provides an environment that aligns with Cvent’s core values of passion, innovation and entrepreneurship," said Cvent Founder and CEO Reggie Aggarwal. "At Cvent, we have a young, smart, dynamic workforce, and we’ve recruited many of our employees from Virginia colleges and universities."
The company’s new headquarters location also provides a multitude of convenient transportation options, including prime access to the D.C. Metro, Washington Dulles International Airport and Reagan National Airport. This allows Cvent employees to easily visit the company's 12,600 customers in the U.S. and across the globe.
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