Ticketbis Raises €900K in Third Funding

Ticketbis, a Spanish start-up that operates an online platform for buying and selling tickets throughout all sectors of leisure, has raised €900k in its third round of funding.

Backers were not disclosed.

The company intends to use the capital to hire more than 30 people in the upcoming months, which will add to the other 70 employees, to consolidate in the markets in which it operates including Mexico, Argentina, Brazil, Spain, Portugal, Italy, and UK and to launch operations in Germany and Russia.

Founded in 2009 by Ander Michelena and Jon Uriarte, Ticketbis provides a solution for selling and purchasing tickets online for sports, concert and theatre events.
Between July and September, Ticketbis reached a turnover of €3,5m Euros in comparison with €1,3m of same period of 2011. With this, the accumulated sales of 2012 have already topped €9m.



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