Zoom Video Communications is in talks to invest in the blank-check deal that would take event-management software company Cvent public, Bloomberg reports, citing people familiar with the matter.
News of a pending SPAC deal for Cvent, an event-management software company, began circulating this week, although a merger has not been formally announced.
Dragoneer Growth Opportunities Corp. II is in discussions with potential investors including the video-chat platform about a PIPE to support a deal with Cvent, said the people, who asked to not be identified because the matter isn’t public. Read more.