When contacted, Bala Deshpande, senior managing director at NEA India, declined to comment on the development, while Insight Venture and Greenspring Associates could not be contacted. Cvent, which raised $17 million as venture capital way back in 2001, has big names among individual investors such as Steve Case, CEO, AOL and Marc Andreesen, founder, Netscape. This is the second round of venture capital funding in the company. "I was born and raised in the US, but after I set up my company in 1999, I personally wanted India to be a part of the action," Aggarwal said. Aggarwal, whose family is originally from Delhi, set up the Gurgaon operations in 2002 and ramped it up because he wanted India to get a share of the American pie. In India, Cvent runs a backend office in Gurgaon, which employes about half of the total headcount. Plans to be added: Setup - Gettings started with Reggie (Basic) usage - How to Build your own levels Playing your levels - How to play the levels after you created them. Want to create your own levels with this excellent tool, well help you get started Currently being edited. "Our teams in India and the US have worked very hard to build up this company and now we are excited to take it to the next level," he added. Reggie is a level Editor for New Super Mario Brothers Wii. Its clientele includes leading hotel chains such as Hilton, Hyatt, and Marriott, besides corporates including The Coca-Cola Company, MetLife, Deere & Company and Procter & Gamble.Ī part of the current funding will help the company grow its headcount to 1,000 employees in the coming year from the current 800, while some part of the funding will go towards investing in the development of its social media and mobile products, said Aggarwal. Set up in 1999, Cvent provides cloud-based online software for event management, web surveys and event marketing for the multi-billion dollar online meetings industry.Ĭurrently, it helps more than 90,000 users across 40 countries manage thousands of events, surveys and e-mail campaigns.
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