Eventbrite said Monday that it raised $60 million in financing led by Tiger Global Management. T. Rowe Price also took part, a statement says. San Francisco-based Eventbrite, an online ticketing company, has raised $140 million in funding. Other investors include Sequoia Capital, DAG, and Tenaya.
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Call them the cream of the venture crop, the 472 high flying U.S.-based companies with valuations above $100 million and exciting businesses to justify them.
(Reuters) – Start-up companies using “freemium” business models, including Dropbox, SurveyMonkey, Animoto and Eventbrite, are thriving as the cost of computing power and storage falls. These are among a slew of venture-capital backed businesses that offer some products and services free, then try to lure customers into upgrading to premium versions that cost money. This [...]
San Francisco-based Eventbrite closed a Series D funding round at $20 million. DAG Ventures led the round, which includes new investor Tenaya Capital. The event ticketing company’s only previous venture capital backer investor Sequoia Capital also participated. Eventbrite now has total funding of $29.5 million.