Ticketfly Raises Another $50 Million…

Ticketfly has raised $50 million in Series D funding, bringing the company’s total funding to $85 million.

The round is led by Riverwood Capital. RBC Capital Markets is the exclusive placement agent for the funding. Ticketfly “expects” the following previous investors to participate: Mohr Davidow Ventures, Sapphire Ventures, Cross Creek Capital, Northgate Capital, Primary Ventures (formerly High Peaks Venture Partners), and Contour Venture Partners.<!–/*
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They will also move to larger offices, expand globally, and move into other verticals.

Ticketfly says they recently passed $1 billion in cumulative gross sales.

Image by Pictures of Money, licensed under Creative Commons 2.0 Generic (CC by 2.o).

Nina Ulloa covers breaking news, tech, and more: @nine_u

The post Ticketfly Raises Another $50 Million… appeared first on Digital Music News.

Source: Industry News