Cvent, a meetings and events technology provider, had a revenue increase of 25.3% to $144.7 million in the fourth quarter of 2021 compared with the same period in 2020, according to a fourth quarter earnings report. The company lost $21.5 million in the quarter, compared with $16.7 million in the same period of the previous year. For the year, total revenue was $518.8 million, an increase of 4% over 2020, while the net loss was $86.1 million in 2021, compared with $83.8 million in 2020. Despite the losses, Reggie Aggarwal, CEO, said in an earnings call, “because of the continued adoption of our hybrid virtual/in-person platform, we are well positioned going into 2022.” He said revenue in 2022 is expected to be in the range of $619.6 million to $625.6 million, representing 20% year-over-year growth. This was Cvent’s first earnings call since it completed its merger with special purpose acquisition company Dragoneer Growth Opportunities Corp. II in December. Aggarwal said the industry is entering a world where in-person events are coming back. He said virtual events are now mainstream, and more organizers want the best of both with hybrid events. Cvent’s platform, said Aggarwal, is built to power all three of these event formats — in-person, virtual and hybrid— “which we like to call the triple threat.” Cvent’s “consistent momentum,” said Aggarwal, enabled it to more than offset Delta and Omicron headwinds and grow top-line revenue by over 25% in the fourth quarter, “bolstering our confidence in full year 2022 guidance.”