Ticketing co Lyte raises $33m in series-B round
This round brings Lyte's fundraising total to $48m, which will allow it to grow beyond the nearly 300 events and venues that already use the tech
News By IQ | 18 December 2020
San Francisco-based ticketing technology platform Lyte has raised US$33 million in a series-B funding round, bringing the company’s total amount raised to $48m.
Lyte, founded in 2013, says that the funding will allow it to continue its growth beyond the nearly 300 artist tours, festivals, venues and live events that use the firm’s technology. It raised $15m last October.
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The ticketing technology enables fans to reserve, return and exchange tickets through its proprietary risk-free reservations system, which has been utilised…
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