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| Seatwave Says It Sold 40,000 Tickets for U2 360 Tour to Fans in Over 100 Countries |
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In a Series D Venture Capital infusion last year, Seatwave landed $17 million, led by Accel Partners with Atlas Ventures, Mangrove Capital Partners, Fidelity Ventures and Adinvest joining the round. Seatwave has now raised a whopping total of $53 million in Venture Capital in four rounds. In 2009, the company was named Europe’s fastest growing digital media company by investment bank GP Bullhound and was founded in 2006 by Joe Cohen, formerly with Ticketmaster and Match.com. Atlas Venture remains the largest shareholder. Other investors include Mangrove Capital Partners, Fidelity Ventures, AdInvest, Holtzbrinck Ventures, and Accel Partners. In rather sad news for the European Tech industry in general, Seatwave's largest backer, Atlas Ventures is pulling out of Europe after they did not meet their goal of 400 million for their next fund. The companies' London-based partner, Fred Destin, who led Atlas’s European investments in Seatwave and Dailymotion, was recalled back to Boston. According to VentureSource, European VC firms raised just $3.7 billion, 63% less than the $10.1 billion raised in 2008.
Related Articles: Online ticket retailer Seatwave beats postal strike through HMV partnership Seatwave and UK music retailer, HMV, have joined up with Seatwave in launching an in-store music ticket box office. The partnership will allow customers to buy and sell tickets in HMV right up to the day of the event. Seatwave will also launch an online ticket exchange for HMV.
"We see a great... Eventim Tickets are now also on MySpace! A deal between CTS Eventim AG, Europe's market leader in the
primary ticketing market and MySpace, the world's largest music platform will
now have MySpace's users able to buy tickets directly from the primary ticketing
company under http://www.myspace.com/ticketshop.
French Football Federation to Try and Block Tickets To avoid a flood of Irish fans at the Stade de France, November 18, in the second leg of World Cup 2010 countdown, the French Football Federation (FFF) is banning the sale of tickets on the Internet. A measure that is easier said than done.
Mojo Concerts and 'Black Market' Secondary Tickets - Hypocrisy Rules the Day
by Richard Kastelein
OP/ED - "The seller defines the price at Ticket Trade, not Mojo Concerts," states the site. I guess that's why two tickets to Rammstein cost over €600 euro on Mojo Concerts aka Live Nation's 'Black Market', secondary ticketing site at Tickettrade. The hypocrisy of a... Seatwave Number Three Site in Life Organizing Says UK's Daily Telegraph
Seatwave (seatwave.com), came in the top three of of a recent article in the UK Daily Telegraph for Best websites: organising your life.
"Got a spare gig ticket? Want one? Seatwave, an online marketplace, lets fans buy and sell event tickets safely and easily," reads the report. "The... Football Fans Advised to Book Early for the World Cup With England successfully qualified for the World Cup in South
Africa, thousands of fans will already be looking forward to what's
sure to be a feast of football. Conservative estimates predict that at least 20,000 England fans
will descend on South Africa next June and the scramble for tickets...
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In an article in the 