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04-18-2017, 10:45 PM
Watch out, Ticketmaster: SeatGeek spends $56 million on TopTix
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SeatGeek is serious about defeating Ticketmaster.*
The ticketing platform just spent $56 million (https://seatgeek.com/press/seatgeek-acquires-toptix-in-56-million-deal-to-become-the-premiere-ticketing-platform-for-teams-artists-and-venues) on the ticketing tech company TopTix. SeatGeek paid for that acquisition by raising $57 million in its own ****** D funding round. Before this round, SeatGeek had already raised (https://www.crunchbase.com/organization/seatgeek#/entity) over $100 million in funding.*
TopTix is an Israeli company, and a lot of its tech**logy is used internationally. The tech company handles ticketing for 500 teams and institutions in 16 countries including the Netherlands National Soccer Team and Buckingham Palace.*
SeatGeek will use that tech**logy to continue to grow in primary ticketing — like Ticketmaster — rather than secondary, or resale, ticketing. The company called the acquisition a "major move that instantly makes SeatGeek one of the largest primary ticketers in the world."* Read more... (http://mashable.com/2017/04/18/seatgeek-toptix-acquisition/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Ticketmaster (http://mashable.com/category/ticketmaster/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Seatgeek (http://mashable.com/category/seatgeek/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/KxS0h_hkirQ
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SeatGeek is serious about defeating Ticketmaster.*
The ticketing platform just spent $56 million (https://seatgeek.com/press/seatgeek-acquires-toptix-in-56-million-deal-to-become-the-premiere-ticketing-platform-for-teams-artists-and-venues) on the ticketing tech company TopTix. SeatGeek paid for that acquisition by raising $57 million in its own ****** D funding round. Before this round, SeatGeek had already raised (https://www.crunchbase.com/organization/seatgeek#/entity) over $100 million in funding.*
TopTix is an Israeli company, and a lot of its tech**logy is used internationally. The tech company handles ticketing for 500 teams and institutions in 16 countries including the Netherlands National Soccer Team and Buckingham Palace.*
SeatGeek will use that tech**logy to continue to grow in primary ticketing — like Ticketmaster — rather than secondary, or resale, ticketing. The company called the acquisition a "major move that instantly makes SeatGeek one of the largest primary ticketers in the world."* Read more... (http://mashable.com/2017/04/18/seatgeek-toptix-acquisition/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)
More about Ticketmaster (http://mashable.com/category/ticketmaster/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), Seatgeek (http://mashable.com/category/seatgeek/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial), and Business (http://mashable.com/business/?utm_campaign=Mash-Prod-RSS-Feedburner-All-Partial&utm_cid=Mash-Prod-RSS-Feedburner-All-Partial)http://feeds.feedburner.com/~r/Mashable/~4/KxS0h_hkirQ