SeatGeek has announced that they’ve raised $62 million in Series C funding. The company has now raised a total of $103 million.
The company specializes in mobile-centric ticketing, with app-based solutions for primary and secondary sellers. The broader, mobile-based transactional space, is oh-so-hot right now, and investors are responding. The company shuns scalpers, and is quite explicit on that note. In the end, SeatGeek wants to power ticketing for lots of powerful venues, promoters, and others trying to put butts-in-seats.
This round of funding was led by Technology Crossover Ventures. Returning investors include Accel, Causeway Partners, and Mousse Partners. Technology Crossover Ventures General Partner Daniel O’Keefe will join SeatGeek’s board.
Also participating in the Series C is QueensBridge Venture Partners, the investment vehicle driven by legendary rapper Nas.
SeatGeek says they will use the money to expand marketing in North America. They also plan on hiring 46 new employees by the end of the year.
The company currently has 64 employees.
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Nina Ulloa covers breaking news, tech, and more: @nine_u