ScoreBig, Inc., a Los Angeles, Calif.-based online marketplace for consumers to save on live event tickets, recently received a $7m venture loan.
The backer was Horizon Technology Finance Corporation (Nasdaq:HRZN), a specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and cleantech industries.
The company intends to use the funds for general working capital purposes.
Led by David Goldberg, Chief Executive Officer, ScoreBig is a ticketing company for consumers to save on live event tickets and for the live entertainment industry move unsold ticket inventory in an opaque manner.
Founded in 2009, the company is backed by Checketts Partners Investment Fund, Hearst Ventures and U.S. Venture Partners among others.