• April 7th, 2010

    Ticketea secures new funding to expand its social event management service

    [Spain] Ticketea, a Spanish startup centered on event promotion and management, has secured a further round of funding after raising $280,000 last summer. In line with most early-stage funding in Spain, it’s on the small side: €100,000 from an undisclosed business angel and €100,000 from public credit fund ENISA.

    Ticketea operates in particularly crowded sector. Locally, there’s the traditional but perhaps stale player, Entradas, and the early-stage StageHQ. Internationally, competitors include Eventbrite, Amiando (both of which have traction in Spain) and TicketLeap, among others. → Read More

    March 8th, 2010

    Facebook Looks To Be Partnering With Eventbrite To Monetize Events

    Here’s a fascinating idea – Facebook looks to be partnering with Eventbrite to let users sell tickets to the 3.5 million events added to Facebook each month.

    Earlier this month we confirmed that Facebook intends to sell tickets to its upcoming F8 developer conference through Eventbrite. But there was no indication that the partnership extended beyond that.

    Then a reader noticed that facebook.eventbrite.com linked to a page showing the image above (the page has since been removed). The message says: → Read More

    January 14th, 2010

    Eventbrite Adds Former Ticketmaster CEO Sean Moriarty To Its Board

    If ticketing startup Eventbrite wants to become the Ticketmaster of do-it-yourself events, it just added a new board member who might have some ideas on how to get there. The company just added Sean Moriarty to its board of directors. Moriarty was previously the CEO of Ticketmaster, which he helped build into an events juggernaut between 2005 and March, 2009, when he left the company.

    Whereas Ticketmaster rules ticketing for large events at concerts and sports stadiums, “Eventbrite is coming at event management from a grassroots effort,” says Moriarty. “It is effectively providing tools that did not previously exist.” Eventbrite lets anyone create and sell tickets for events ranging from backyard BBQs to TechCrunch 50 (we use Eventbrite for many of our conferences). → Read More

    December 1st, 2009

    Square Worth $40 Million Before Launch

    Earlier today we wrote about Square, the new payment service cofounded by Jim McKelvey and Twitter creator Jack Dorsey. We also interviewed Dorsey and used Square to buy a coffee.

    We knew Square had closed a hyper-competitive venture round. What we didn’t know until recently was the size and valuation of that round. Square is valued at a massive $40 million or more after raising $10 million in funding, and the service is yet to launch publicly for anyone to use.

    Khosla Ventures is taking most of the $10 million venture round, we’ve heard from multiple sources. This is Gideon Yu’s (former Facebook CFO) first investment since joining Khosla Ventures in August. Other investors are joining the round as well, and we’re now trying to confirm those individuals and funds.

    The feeding frenzy around Square isn’t just because of its celebrity founder, say our sources. This is a bold foray into a huge, and complicated, market: physical payments. “What PayPal was to eBay, Square is to the real world,” said one person close to the company. → Read More

    November 30th, 2009

    Interview With Eventbrite Founders, Plus Rare Insights From Sequoia Capital

    San Francisco based Eventbrite went prime time earlier this month when they raised $6.5 million from Sequoia Capital, and added partner Roelof Botha to their board of directors. We had a chance to sit down with Botha as well as founders Kevin Hartz and Julia Hartz and talk to them about their business and the fundraising.

    We were supposed to talk for just ten minutes, but the interview went on for a solid 25 minutes before we were done. Julia and Kevin talked about Eventbrite’s growth to ten million registered users based only on word of mouth advertising. The company lets people sell (or give away) tickets to events – something only the big venues could do previously through companies like TicketMaster.

    The service is free for people who give away tickets, and they charge a small percentage on non-free sales. The free tickets spread the word to new users, who often come back to sell tickets to their own events. This year, Eventbrite will rack up $100 million in gross ticket sales, says the company. The average ticket price, not factoring in the free tickets, is $60. → Read More

    November 4th, 2009

    Eventbrite Gets A $6.5 Million Infusion From Sequoia Capital

    Popular online event site Eventbrite has raised $6.5 million in funding, according to an SEC filing. The company has confirmed the funding, and says Sequoia Capital is the new investor. Sequoia partner Roelof Botha joins the board of directors. Both Roelof and Sequoia backed Eventbrite CEO Kevin Hartz’s previous startup, Xoom.

    This brings the event site’s total funding to over $8 million. Previous big-name investors include Bebo co-founder Michael Birch, Jeff Clavier, YouTube co-founder Jawed Karim, and Flixster co-founder Saran Chari.

    Eventbrite provides online event management and ticketing services for any type of event. Eventbrite is free if your event is free. If you sell tickets to your event, Eventbrite collects 2.5% of the ticket price plus $0.99 per ticket sold. → Read More

    October 26th, 2009

    Constant Contact Enters The Online Event Registration And Marketing Arena

    There are hundreds of companies small businesses can turn to for tools that facilitate their e-mail marketing campaigns, some of which operate solely on the Web.

    One of the largest such providers, Constant Contact, is actually much bigger than most people think.

    Launched back in 1998, the company is now publicly traded on NASDAQ and boasts a market cap of nearly half a billion dollars, and the company caters to hundreds of thousands of small businesses and organizations who use its software to spam connect with their customers and members. So if such an e-mail newsletter juggernaut launches a new service that is bound to be a competitor to a host of Internet startups, we take notice. → Read More

    September 2nd, 2009

    Event Ticketing Startup Amiando Shows Impressive Early Growth

    Event ticketing and management site amiando is reporting some impressive growth in revenues. In a company update the private German startup is circulating, it is reporting 200 percent annual revenue growth in the second quarter, and 65 percent growth over the first quarter of 2009. The report doesn’t give absolute numbers, but I’ve learned that it is in the range of a few million Euros a year, split evenly between its two main businesses, amiandoTICKETS (ticket sales) and amiandoEVENTS (event registration and management). The company says it is on track to become profitable by early next year. → Read More

    September 2nd, 2009

    Dimdim Launches Webinar Service, Teams Up With Eventbrite

    Dimdim, the open source web conferencing software company backed by $8.4 million in venture capital, today launched Dimdim Webinar, which allows SMBs and individuals to host an unlimited amount of completely web-based webinars with up to 1,000 people using nothing but a web browser.

    Dimdim has arranged to provide free Dimdim Webinar accounts to up to 300 TechCrunch readers by signing up right here. The winners will be notified by e-mail.

    In addition to its new product, the startup announced a partnership with Eventbrite, a provider of online event management and ticketing services, to enable webinars organizers to make money with web-based meeting and events. → Read More

    June 27th, 2009

    Spanish start up Ticketea raises $280,000 for online ticketing

    Though the consolidation of Web 2.0 services in the last years has changed the way we use the Internet, some online services have remained almost unchanged for the last 5 or 10 years. Buying and selling tickets seems to be one of these areas. So far, US companies like Eventbrite or Ticketleap dominate this market, although Germany’s Amiando is giving them a run for their money and Belgium’s Oxynade is gearing up for launch. Now Spanish startup Ticketea, an online service that tries to boost the traditional management of events, has entered the game, raising a modest $280,000 and will launch in the next few weeks. The company will be based in Spain and is backed by American and Spanish business angels. Investors include Jaime Diaz, founder and CEO of the NYC Investment company, Worldwide Wealth Management. Diaz is also an experienced investor in relevant Internet companies such as Digital Domain, Artica or Domin-8. This Spanish company aims to develop a different way to promote events and sell tickets for small and medium size event organizers by levering 2.0 tools, and will try to make organizers’ life easier in six areas when it comes to manage an event: Attendees Registration, Event Promotion, Event Monetization, Ticket Distribution, Ticket Validation and Data analysis. This will be the first venture of this kind in Spain, and was set up by two friends who came across this business idea when they were trying to organise a party in order to raise funds for a non-profit organisation: the 2009 Mongol Rally. Javier Andrés, founder of the venture, initially developed this original idea as a student project for the Instituto de Empresa’s Venture Program. CrunchBase Information ticketea Information provided by CrunchBase → Read More

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