Two Startups Finding Sucess in Market Dominated by Big Companies

June 13, 2011

Two San Francisco companies are using new technology approaches to compete with the giant of the online ticketing market. One of the startup companies is Eventbrite, which announced in May that it had raised $50 million to finance its growth in the ticket market. Ticketfly is another startup ticketing business that announced in April it had raised $12 million in a second round of funding

Ticketfly has relied heavily upon social networking to expand its reach for ticketing of concerts and other events. The company offers tools for promoters and venue operators to create websites for specific events. This permits use of a single service to manage various sites for different concerts. Customers can set up automatic Twitter feeds and view analytical data about the payoff from multiple social networking sources. Read more>>>>