Seatwave Adds $17 Million in Financing

Seatwave, the UK based startup company who is quickly becoming Europes fastest growning ticket reseller has announced it has received $17 Million in series D funding from Accel Partners.  Also in on the deal was Atlas Venture, Mangrove Capital Partners, Fidelity Ventures and Adinvest.

Recently, investment bank GP Bullhound named seatwave as the fastest growning digital media company in Europe.  Seavewave allows fans to buy and sell event tickets on their website.  They are in close competitions withother public companies such as Ticketmaster, Stubhub and Viagogo.  Viagogo recently aquired $65 Million in financing.

Seatwave has seen an astonishing 2203% rise in revenues over the past three years and they attract 1.9M visitors every month.

Seatwave was founded in 2006 by Joe Cohen who was formerly of Ticketmaster, Match.com and Atlas Ventures.  Including this latest investment, seatwave has raised $53 Million.