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ACQUIRED COMPANY
 
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TicketWeb  Acquired by Ticketmaster (2000 $ 35,000,000)

P.O Box 77250
San Francisco, CA 94103
USA
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Business description: TicketWeb is the leading provider of Internet-based box-office ticketing software and services. The Company's proprietary system, TicketWeb 2.0, allows venues or event promoters of any size to log in over the Internet and, using just a web browser, perform the full range of box-office operations. We believe that this model represents the future of ticketing. There is no software to buy and install, no special hardware required and no updates to worry about. By pulling up a standard web browser such as Netscape Communicator, Microsoft Explorer or AOL, ticket sellers can put events on sale, track progress and generate reports. For ticket buyers, TicketWeb leverages this unique technology to offer the most competitive service fees around. Whenever we find a way to use the Internet to lower our costs, we pass the savings on to the consumer.
Customers include: Bimbo's 365 Club;  Louvre Museum;  San Francisco Symphony;  The Bowery Ballroom;  the Guggenheim Museum;  the New York City Fringe Festival;  the New York Museum of Modern Art
Capital

Rounds: 2
Capital raised: 7.0M
Ownership: Acquired by Ticketmaster (2000 $ 35,000,000)
VCs include: Edge Net Fund
Corporate investors: African Media Entertainment

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Overview
Record updated: Jul 2005
Sector: Software
Year Founded: 1995
Rounds: 2
Capital Raised: 7.0M
Ownership: Acquired by Ticketmaster (2000 $ 35,000,000)