Online Ticket Seller Eventbrite Raises $50 Million

Online ticket seller Eventbrite has raised another $50 million in a Series E financing round led by Tiger Global, according to a release issued by the company. This infusion comes only eight months after the company raised $20 million in funding final October. This latest investment brings the company's complete funding to $80 million.

To date, Eventbrite has helped over 120,000 event organizers in 150 countries host more than half a million events. Over 10 million people have attended an event ticketed by Eventbrite, and the company is on track to process almost half a invoiceion in gross ticket sales this year. final year, the company sold 11 million tickets for $207 million in gross sales.