ScoreBig.com, a Los Angeles, Calif.-based online marketplace for consumers to save on live event tickets, raised $18m in new funding.
The round was led by Hearst Ventures with participation from both new and existing investors. In conjunction with the funding, George Kliavkoff, co-president, Hearst Entertainment & Syndication, and president of Hearst Ventures, joined ScoreBig’s board.
The company intends to use the funds to expand its online and mobile product offering, further its strategic partnerships, and grow consumer awareness. Kliavkoff will join the ScoreBig Board.
Founded in 2009 by CEO David Goldberg, ScoreBig.com is a ticketing company for consumers to save on live event tickets and for live entertainment industry players to move unsold ticket inventory in an opaque manner, so that ticket sellers’ brands and full-price sales channels are fully protected.