According to Dan Primack of Fortune (read his complete report here), San Francisco-based event ticketing platform Eventbrite raised around $60m in funding.
The round, which valued the company at more than $1 billion, saw the participation from Tiger Global and T. Rowe Price.
Eventbrite intends to use the funds for geographic expansion and product development.
Co-founded by Kevin Hartz, CEO, Julia Hartz, President, and Renaud Visage, CTO, Eventbrite provides people with an online event registration service to plan, promote, and sell out events a platform to discover and share events with the people they know.
To date, it has processed over 130 million tickets worldwide equalling more than $2 billion in gross ticket sales.
Investors in the company also include DAG Ventures, Sequoia Capital, Tenaya Capital. They did not take part in this latest round.
Eventbrite is massively hiring.
FinSMEs
13/03/2014