This story was written by Joseph Tartakoff.
ShowClix, a two-year-old startup trying to challenge Ticketmaster’s dominance of the online ticketing industry, has raised a first round of funding from Pittsburgh Equity Partners. ShowClix is not disclosing how much it raised, but an SEC filing indicates the company brought in $570,000 of an $850,000 round.
In the aftermath of the announcement of Ticketmaster’s merger with Live Nation in February, ShowClix pledged to distribute millions of dollars to venues and promoters in order to get them to switch to its own online ticketing platform. The company says it has ticketed “thousands” of events. Release (PDF).
By Joseph Tartakoff