10 Jul '13, 11am

Japanese Ticketing Startup Peatix Raises $3M Series A To Fund Expansion To US, Singapore by @vickiho

Japanese e-ticketing startup Peatix just closed a Series A round of $3 million, led by Fidelity Japan. The company is seeking to be the Eventbrite of Asia, and provides a platform for event organizers to manage ticket sales. It says it’s already had 10,000 events listed on its platform since it launched in May 2011. This new funding injection builds on its seed round of $1 million that it closed almost exactly a year ago. Its seed was provided by a number of investors, including 500 Startups, DG Incubation , Itochu Technology Ventures , and SurveyMonkey CEO Dave Goldberg. 500 Startups and Itochu also participated in the Series A round, which will see Fidelity Japan’s David Milstein joining Peatix’s board of directors. Along with the funding, Peatix is expanding to Singapore, with co-founder Emi Takemura moving, family in tow, to the island state to head up Asia. The compan...

Full article: http://techcrunch.com/2013/07/10/japanese-ticketing-start...

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