Over the last few decades, mobile ticketing has increased in popularity. With companies like Ticketmaster and Live Nation amassing revenues reaching $7.2 billion, the ticketing industry is quite lucrative.
This week, SeatGeek announced its plans to acquire Israeli ticketing software company TopTix.
Here are the numbers:
$56 million | Amount for which SeatGeek is purchasing TopTix
$57 million | Series D funding that made the acquisition possible
500 | Number of institutions TopTix brings into the SeatGeek organiztaion
80 million | Number of tickets TopTix sells annually
16 | Number of countries TopTix works with