18 May 2011

Eventbrite raises $50 million

Eventbrite, San Francisco based company raises $50 million round of funding led by Tiger Global. Eventbrite empowers anyone with simple but powerful tools to manage, promote, and sell events. So far Eventbrite has raised to a hefty $79.5 million. 

This new investment will be used for international expansion as well as for building more developed technical infrastructure that will allow the company handle more traffic. 

Surely we will see new features as well such as seat reservation. A new Eventbrite office is opening in London in the next few weeks, and companies CEO says the company is considering financing a similar startup in China.

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