Friday, 17 July 2015

Ticketfly raises $50 milllion, and Amazon eyes up tickets

Software company Ticketfly has closed a new financing round, raising $50 million. The round was led by Riverwood Capital, Ticketfly plans to use the funds to accelerate development of its cloud-based live events platform, including new products and services for its existing client base. The financing will also fuel the company's move upstream into larger facilities, its expansion globally and into adjacent verticals, and a reimagined event-going experience for fans. The company's total funding to date is now $85m.

And it seems Amazon is moving into concert and festival ticketing, having started selling tickets to London West End theatre shows earlier this year via its Amazon Local platform. Among the music events seemingly headed to the Amazon no-booking-fee tickets store are a Tom Jones concert, Bestival and Camp Bestival. Geraldine Wilson, GM for Amazon Local in the UK said: "We wanted to offer a convenient way for Amazon customers to book tickets to a wide selection of music, theatre and comedy events around the UK in a few clicks".

and two former AOL executives have raised $20 million in investment for a new app, Bkstg, that aims to provide a one-stop shop for any one artist's fans, offering ticketing, video, merch and social networking all in one place. Among the investors that Erika Nardini and Ran Harnevo have recruited are Live Nation, Scooter Braun Projects, Modest! Management and the Three Six Zero Group

No comments:

Post a Comment