Eventbrite Sells $20 Million In Tickets To Investors For Its Series D Financing
October 06, 2010 at 07:55 AM EDT
Online ticket seller Eventbrite raised a $20 million round of funding from DAG Ventures, Sequioa Capital, and Tenaya Capital (formerly Lehman Brothers Venture Partners). DAG led the round (Sequioa led the last one ). The D round is twice the amount of capital as all three previous rounds combined, bringing the total raised bey the company to $29.5 million . CEO Kevin Hartz tells me he still had $5 million in the bank from his previous rounds of funding, but he is now ready to expand aggressively. Only about 15 percent of Eventbrite's gross ticket sales come from outside the U.S., and he wants to make that bigger.