Ticket Cake Announces Seed Funding from VegasTechFund

July 17, 2012

11:00 am

Thanks to the VegasTechFund, Las Vegas startup Ticket Cake is having its cake and eating it, too. In addition to quickly earned success, the company announced last week a round of seed funding to help develop its platform for professional event organizers.

VegasTechFund, a seed stage investment fund focused on investing in Vegas-area founders and startups, led the round of funding. Other contributors include Zeke Dumke IV, a member of Olympus Angels in Salt Lake City.

Ticket Cake is an event management tech company focused on enabling professional event organizers to sell more tickets online. The platform allows professional event organizers to gain access to business intelligence and manage ticket inventory and pricing.

Ticket Cake launched in January 2011 at the Sundance Film Festival, where it was the primary seller of nightlife concerts and events open to the public. Its focus on excellent customer service for both ticket buyers and event organizers helped it to quickly gain traction. To date, Ticket Cake has sold tickets to Deadmau5, Lauryn Hill, Third Eye Blind, Nelly, Snoop Dogg, Kaskade and many more.

While Ticket Cake was previously founder-funded, this new round of funding is just the fuel the company needs to further its growth.

“In the past 18 months, we have processed nearly $1M in ticket sales,” said founder and CEO Joe Henriod. “Our team is thrilled to move our home base from Salt Lake City to join the Vegas Tech community in downtown Las Vegas.”

Check out Ticket Cake for a nice selection of concerts and events to attend, or to provide ticketing services for your own events.

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Meg Rayford is a communications consultant based in Northern Virginia. She previously spent two years as the Director of Public Relations for a nonprofit startup, where she learned a lot about providing clean water for impoverished countries, even within the confines of a bootstrapped startup.

She is the editor of Tech Cocktail, and she develops media strategies for companies in Washington, DC and Virginia. You can read her most recent work in the marketing chapter of the upcoming book, “Social Innovation and Impact in Nonprofit Leadership,” which will be published in Spring 2014 by Springer Publishing. Follow her @megkrayford.

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