Cvent Acquires Seed Labs
Summary
Cvent, a cloud-based provider of event management solutions, has acquired Seed Labs, a developer of mobile applications for consumer and social events.Founded by CEO Todd Rogers and Rick Solner, Seed Labs builds mobile applications (for all major mobile devices, including iPhone, iPad, Android and BlackBerry) for consumer events, such as festivals, concerts and sporting events.The company has completed apps for high-profile events including ESPN’s X Games, Preakness, the National Cherry Blossom Festival, the Country Music Association’s CMA Music Festival, etc.Following the deal, employees of Seed Labs will remain in its present location of Austin, Texas.Founded in 1999 by CEO Reggie Aggarwal, Cvent is a meetings and event management technology company with over 10,000 clients and 950 employees worldwide.