TicketFly Raises $3 Million To Challenge Ticketmaster

Tickeyfly.com is a New York-based startup that plans to directly compete against Ticketmaster. The company has raised $2 million in Series A to do so. Investors include High Peaks Venture Partners and Contour Venture Partners. Last year Ticketfly raised $1 million in convertible debt from angel investors Howard Lindzon and Roger Ehrenberg.

Ticketfly can also help concert venues and promoters create a social media campaign and design a website around specific events. Ticketfly currently works with about 50 venues so far. [AllThingsD]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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