Live Nation invests in Austin start-up Everfest
The online festival hub has secured $3.6m in a new funding round co-led by LN and ATX Seed Ventures, with C3 Presents' Charlie Walker joining its board
News By | 1 June 2017
Everfest, an online festival discovery platform based in Austin, Texas, has raised US$3.6 million in series-A funding from a group of investors that includes Live Nation.
The funding round, co-led by Live Nation and venture-capital firm ATX Seed Ventures, will allow Everfest to “rapidly [expand] our portfolio of partner festivals globally over the next several quarters”, says co-founder Paul Cross (pictured). The company has raised $6m since its founding in 2014.
Everfest’s platform is aimed at both music fans and promoters,…