Ticketfly, the fastest growing social ticketing company in the U.S., today announced $12 million in Series B funding, bringing Ticketfly's total capital raised to $15 million.
The round was led by Mohr Davidow Ventures with participation from existing investors, including High Peaks Venture Partners, Contour Venture Partners and angel investors Roger Ehrenberg and Howard Lindzon.

The proceeds from the financing will make Ticketfly an even greater force in social ticketing and enable the company to accelerate its already meteoric growth.

"Event ticketing is undergoing tectonic change." said Andrew Dreskin, co-founder and CEO, Ticketfly."There is an appetite for better analytics and integrated technologies that drive the bottom line. It became clear early in our discussions with Mohr Davidow that they share our vision to bring more science and fan engagement to the world of event marketing and promotion. We're delighted to join the MDV family and enlist their expert support as we build the world's leading social ticketing company. We also look forward to many jam sessions with Bill Ericson, who -- by the way -- is a fantastic guitar player."

Designed for promoters and venues in need of advanced tools to solve multiple, enterprise-level problems, the Ticketfly platform automates the time-consuming tasks associated with event creation and marketing, and provides rich data analytics.

The financing comes on the heels of the company's release of several industry-leading features including an artist database, with records for over 70,000 artists, and an integrated email marketing module.

Hundreds of the leading music venues and event promoters in the U.S. have chosen Ticketfly to power their social ticketing needs, including the 9:30 Club, Merriweather Post Pavilion, Outback Concerts, Knitting Factory Entertainment, Baltimore Grand Prix, Monqui Presents, Guerilla Union, The Independent, R5 Productions, Austin City Limits Live, Troubadour and the Brooklyn Bowl.