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New Deal


Announced

Cvent acquired Lightbank-backed DoubleDutch.

Synopsis

Cvent, a meetings, events, and hospitality technology provider, acquired DoubleDutch, one of the companies in the mobile event app industry based in San Francisco. The acquisition of DoubleDutch highlights Cvent’s investment in the mobile technology space and will complement and grow the company’s signature mobile event app and onsite solution capabilities. Financial terms were not disclosed. "DoubleDutch is an innovator in the mobile event app space and both Cvent and DoubleDutch have a shared mission to unlock the business value of human connection,” said Lawrence Coburn, CEO, and founder of DoubleDutch. “We are incredibly proud to join the market-leading team at Cvent. With their global reach and scale, we can fuel our passion to change the way people connect, learn, and grow at live events."

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