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Venture Capital News: TicketSauce Raises $2.5M in Series A

2016-11-30
SAN DIEGO, CA, Event management software company that focuses on growing revenue and data for media organizations, associations and event organizers, has raised $2.5M in Series A funding.
TicketSauce, a private label event management software company that focuses on growing revenue and data for media organizations, associations and event organizers, today announced that it has raised $2.5 million in Series A funding led by Draper Frontier Opp & Tech Fund. Funds secured will help drive additional sales and marketing efforts and increase distribution in the event management space.

'TicketSauce continues to aggressively grow revenue and data for our clients and our recently launched product suite provides huge potential in driving additional revenue for media companies, associations, venues, and event organizers,' said Travis Fisher, president and CEO, TicketSauce. 'We are pleased that our investors recognize the value in our products and appreciate their confidence in continuing to grow our customer base worldwide.'

'TicketSauce has found a unique way to help its customers grow their businesses by offering new ways to capitalize on their own branded event management,' said David Cremin, Frontier's Managing Partner. 'The company is perfectly positioned to expand its already growing global client base that includes CBS Radio, Gannet, Tribune Publishing, Melbourne Racing Club and Entercom Radio to name a few.'

TicketSauce will be at the upcoming XLIVE 2016 Conference Dec. 5-7, 2016 in Las Vegas, Nevada. Transforming the way festivals and live events share expertise, learn and revolutionize the experience, the show brings together more than 140 speakers and 80 exhibitors showcasing and cultivating ideas that bring together extraordinary live event experiences. TicketSauce will be at the show debuting its latest products and services in Booth #92.

About Draper Frontier Opp & Tech Fund

With offices in Los Angeles, Portland, Sacramento, Santa Barbara and New York, Frontier invests in early stage media and technology companies in the United States. The Frontier partners have all founded, grown, and exited companies, so they know how to help. The firm's philosophy is to provide support to help founders turn your early stage company into a self-sustaining business with long-term value.

About TicketSauce

TicketSauce is a private label 'Software as a Service' event management solution focusing on growing transactional revenue and data for media companies, event organizers, and convention/visitor bureaus.

Our complete event management platform provides the ability to take service fee related revenue and provide additional promotion for your events. Its robust, easy and fully-customizable event software provides customers with a hassle-free, secure and enjoyable event creation and ticket buying experience.

Trusted by industry leaders in media, associations and event organizers, TicketSauce provides a new way to grow revenue and data for your events. For more information contact: TicketSauce.
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