RazorGator gobbles $188K to resell event tickets
RazorGator, a web-based platform for reselling your tickets to sporting or entertainment events, has raised $188,000 in rights, according to a filing with the SEC. The Los Angeles-based company is backed by Kleiner Perkins Caufield & Byers, Hercules Technology Growth Capital and Oak Investment Partners.
Ticket marketplace Viagogo announces tennis deal, strong Q1 results
Viagogo, the online marketplace where anyone can buy or sell tickets for live events, announced today that it is partnering with the French Tennis Federation to create a special ticket exchange channel for tennis, making it the first secondary ticketing platform to land a deal in France. Reinforcing the good news, the London-based company also reported strong first-quarter earnings and rapid growth.
Viagogo recently hit more than one million ticket listings on its site, with sales… Continue Reading
RazorGator raises $10M in debt for sold-out event ticketing
RazorGator, an online ticket vendor specializing in tickets to sold-out sporting and entertainment events, just brought in $10 million in debt financing from Hercules Technology Growth Capital. The Los Angeles-based company says it will use the money to aggressively scale up its operation.
The company already has an impressive roster of partners, including major athletic teams like the San Francisco 49ers, Buffalo Bills, Pittsburgh Pirates, Carolina Panthers, Baltimore Ravens, Seattle Seahawks and Minnesota Vikings. It also… Continue Reading
Ticket search engine FanSnap scores $5.5M
FanSnap, a search engine that helps users find event tickets at the last minute, has landed $5.5 million in second-round financing to finish building out its service (currently in beta), and to add new ticket vendors. The round was led by General Catalyst Partners.
Before you think “Geez, as if we need another ticket site,” take a closer look. FanSnap isn’t the same as Ticketmaster and its ilk. It actually sits on a higher level, integrating seamlessly with feeds from other… Continue Reading
LiveStub hopes to nuke StubHub, others, with commission-free scalping
Updated
Thanks to the internet, selling tickets on the secondary ticket market — the act formerly known as scalping — has gone legit. EBay bought the market pioneer, StubHub, for $310 million. TicketMaster dropped $265 million to get its hands on TicketsNow, and top-tier VC firm Kleiner Perkins led a $26 million investment in RazorGator back in 2005. All of these companies make money charging sellers a 15 percent commission on the tickets they sell.
However, LiveStub,… Continue Reading
eBay buys StubHub, online ticket reseller, for $310M
StubHub, an online site for reselling tickets to events, has been acquied by eBay for $310 million, minting the latest Silicon Valley millionaires in co-founders Jeff Fluhr and Eric Baker.
The controversial company has grown steadily, badgering eBay’s business for years. About 30 professional and college sports teams encourage fans to StubHub as a sort of safe haven in the reselling market, even as the New England Patriots have sued the company, saying it is encouraging… Continue Reading