Monday, March 05, 2007

Pulse 2.0: Web 2.0 Reviews & Profiles » Blog Archive » TicketsNow Raises $34 Mill: Model Proven by StubHub

"TicketsNow.com, a company of over 200 individuals created by Mike Domek will soon be moving to a 70,400 sq. foot Corporate Center and is also now backed with $34 million in funding. Not bad for a company that is about 15 years old and started with a $100 investment. This move is an indication that the company is intensely rivaling against StubHub, who was acquired by eBay for $310 million on January 10.
Adams Street Partners accounted for $8.2 million and some of the other investors include New World Ventures and DFJ Portage Venture Partners."

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