Eventbrite Closes $50m Series E Financing

Eventbrite, a San Francisco, CA-based provider of an online event registration and event ticketing system, has secured $50m in a Series E financing round.

The round, which was led by Tiger Global, brings the total funding raised to date to $79.5m.

The company intends to use this capital to continue to develop its event ticketing system, continuing to build analytic and social media integration tools, expand globally, and continue to focus on mobile initiatives.

Led by CEO and Co-Founder Kevin Hartz, Eventbrite aims to enable people all over the world to plan, promote, and sell out any event via its SaaS-based platform. According to a written statement, it has served over 120,000 event organizers in 150 countries host more than half a million events.

Other investors in the company include Sequoia Capital, DAG Ventures, and Tenaya Capital.

FinSMEs

19/05/2011

Related News:

09/11/2009: Eventbrite Closes Series C Funding Round from Sequoia

06/10/2010: Eventbrite Closes $20M Series D Funding Round

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