DTI Management, an Alexandria, Virginia-based live event ticket inventory provider, secured $75m in funding.
Backers included CVC Growth Partners and New Amsterdam Growth Capital.
The company intends to use the funds to continue scaling its platform and to continue to invest in expanded technology and product offerings.
Established in 2012 by Curtis Cheng, CEO, DTI streamlines live event ticket distribution, and provides a controlled secondary ticket selling environment for sports teams, event producers, music artists, venues, and ticket brokers. Current partners include the Cleveland Cavaliers, New Jersey Devils, and Phoenix Suns.
The company also supplies ticket inventory to various partners, including StubHub, SeatGeek, Vivid Seats, and Ticketmaster.