Wednesday, April 20, 2011

Ticketmaster Rival Ticketfly Gets Another $12M To Make Concert Ticketing More Social

Social ticketing company Ticketfly is announcing a $12 million Series B round of financing from Root Music investor Mohr Davidow Ventures. �This Series B will bring the startup's total funding to $15 million and other investors include High Peaks Venture Partners, Contour Venture Partners and angels Roger Ehrenberg and Howard Lindzon. Ticketfly has an interesting origin story, the company's co-founders sold their first startup, TicketWeb to industry leader Ticketmaster for $35 million in 2000 and then left that company in 2008 to form Ticketfly.

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