Cvent Acquires Wedding Spot

Wedding SpotCvent, a meetings, events, and hospitality technology provider, acquired Wedding Spot, a San Francisco, Calif.-based wedding venue sourcing platform.

The amount of the deal was not disclosed.

The acquisition of Wedding Spot enables Cvent to bring additional group business opportunities to the more than 260,000 hotels and venues that currently utilize its Cvent Supplier Network, further accelerating its product roadmap and global growth in the hospitality sector.

Founded in 2013, Wedding Spot offers its more than 12,000 venues across the U.S. direct access to couples looking for their wedding venue. Within the Wedding Spot platform, couples can quickly source and compare their preferred locale.
It was a wholly owned subsidiary of HoneyBook, a business and financial management platform for solopreneurs and freelancers. Founded in 2013, HoneyBook is based in San Francisco and funded by Citi Ventures, Norwest Venture Partners, Aleph, Vintage Investment Partners, Hillsven Capital and UpWest Labs.

Led by Reggie Aggarwal, CEO and founder, Cvent is a meetings, events, and hospitality technology provider with more than 4,000 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.

FinSMEs

23/05/2019

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