Global events company Cvent acquires Chicago startup Kapow – Info Innovation. We are extremely excited to add Kapow to our portfolio of solutions and to welcome our newest team members to the Cvent family.”, Read More: Great Sales Intelligence Encompasses Fit, Intent, and Opportunity for Faster Revenue Growth. Kraft Heinz tests a new recipe for cost-cutting. Meetings technology giant Cvent put another feather in its cap today, announcing the acquisition of Chicago-based group event distribution and booking platform Kapow. tailor-made event experiences at scale that their sales teams can use
The company raised seed funding locally from Chicago Ventures, Incisent Labs and Firestarter Fund, later getting money from Drive Capital, based in Columbus, Ohio, as it expanded from one city to 20. Giving event planners and marketers pre-built, pre-negotiated event Kapow events can be purchased online with all logistical details Edit . Press release content from BusinessWire. We will have to use at least one cookie to ensure that you won't have to make this choice again. Companies that use Kapow for sales-related events routinely close 20% more deals because of the increased face time delivered through tailored experiences.
A few fourth-quarter goals for the city and some of its largest companies, Here's hoping delay in O'Hare expansion doesn't last long. “By leveraging Cvent’s research and development resources and market reach, we can more quickly add new venues to Kapow’s platform and offer unique event experiences to more organizations than ever before.”. What Are We Waiting For. Meetings technology giant Cvent put another feather in its cap today, announcing the acquisition of Chicago-based group event distribution and booking platform Kapow. Companies that restaurants such as Fogo De Chão for authentic dining adventures in
through Kapow’s website. demand through targeted advertising and improve conversion through Acquiring Organization: Cvent Cvent … According to the Cvent spokesperson, Cvent will offer the two mobile apps side by side for now.
Cvent, founded in 1999, employs about 3,200 people worldwide and has said that it will hire 1,000 people this year. worldwide. It's the latest in a string of deals by venture-capital funds, which are taking advantage of a hot market for mergers and acquisitions, fueled by private equity and companies with a lot of money to put to work. Share. We are extremely excited to add Kapow to our portfolio of Apache vs. Nginx: Which Web Server Is Better Performance? Kapow was founded six years ago by Marc Halpin to line up venues for corporate sales events that could be booked quickly—taking aim at an overlooked slice of a $500 billion business that includes big trade shows. drive increased attendance. 10,000 special event venues and experiences that can be booked directly Cvent offers software solutions to event planners for online Cvent, an event-technology company based in suburban Washington, D.C., bought Kapow for an undisclosed price. “By leveraging Cvent’s Oberweis hits TV against Underwood; surprising poll in race to succeed Lipinski, State now says it will hold weed lottery this fall, On corporate diversity, we've got good news—and bad news, Here's the evidence—in case you needed it—that downtown's been seriously damaged, Big, green rebuild of North Lake Shore Drive moving forward.
According to Cvent, "companies that use Kapow for sales-related events routinely close 20 percent more deals because of the increased face time delivered through tailored experiences." proprietary demand management and business intelligence solutions. Cvent did not disclose the terms of the deal. Adding more unique venues to the thousands of hotels and venues
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