Global online ticketing platform Eventbrite which allows event organisers to to plan, set up ticket sales and promote and publicize them across social networking sites has got two acquisitions under its kitty which includes London-based event data company Lanyrd, and Argentinian-based ticketing company Eventioz.
The amount has been kept undisclosed for now.
The news comes in after the USD 60M funding round picked up by Eventbrite earlier this year in April from Tiger Global Management.
“These two acquisitions perfectly align with the strategic focus for the company, while adding significant assets and technical power to our platform,” said Kevin Hartz, Co-Founder and CEO, Eventbrite.
Founded in 2010 Lanyard is a London based social conference directory that helps attendees, organizers and speakers get the most out of professional events and conferences. Ever since its launch Lanyard has helped in around 40,000 events in 148 countries.
It also allows access to event information, slides and video of presentations in a seamless, cross-platform experience via the web and mobile apps.
“Both companies believe in the power of shared experiences and we look forward to being part of an effort to use technology to improve how we discover and enjoy live events,” said Natalie Downe, co-founder of Lanyrd.
As a part of the deal, Lanyrd team will be relocating to Eventbrite’s headquarters in San Francisco.
Eventioz, a Latin American ticketing platform, having its operations in Argentina, Brazil, Chile, Colombia, Mexico and Peru. Since its launch in 2008, it has helped more than 15,000 organisers in selling over 1 million tickets to nearly 20K events.
“While there are a lot of country-specific competitors to Eventbrite throughout the world, Eventioz has built one of the few truly cross-border platforms,” said Randy Befumo, vice president strategy at Eventbrite. The acquisition will allow Eventbrite to enter multiple markets simultaneously with the right mix of local language, local customer support and payment alternatives.
EventBrite was launched in 2006 and since then it had raised a total of USD 140 mn in funding. In Q2 the company had announced that it had processed over 100 million tickets across 179 countries, while one-third of those ticket sales taken place in past previous 9 months.
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