SOURCE: Eventbrite

Eventbrite

February 11, 2016 11:30 ET

Eventbrite Acquires Queue to Further Momentum in Music

Queue Brings Deep Industry Expertise and Innovative, Complementary Products to Deliver a Complete Solution for Venues

SAN FRANCISCO, CA--(Marketwired - February 11, 2016) - Eventbrite, the world's largest self-service ticketing and registration platform, today announced it has acquired Queue through an asset purchase agreement. Queue, the industry-leading platform that helps streamline the workflow for venues and promoters with powerful planning and collaboration tools, complements Eventbrite's robust ticketing and entry management capabilities, and together will provide an even more comprehensive solution for venues. The company plans to integrate Queue's product offering into both its web platform and best-in-class mobile box office solution, Eventbrite Neon, later this year.

"Queue builds on Eventbrite's commitment to deliver the most innovative event solutions to our broad range of customers," said Randy Befumo, Vice President of Strategy at Eventbrite. "Queue has built a suite of industry-leading products, designed specifically with the complex needs of venues in mind. We are thrilled to welcome their talented team to the Eventbrite family and believe their expertise in music will substantially enhance our ability to deliver for customers."

"Joining Eventbrite enables us to focus on our primary mission of providing great promoter tools that help organizers run their events more efficiently, and now we can do it at scale," said Greg Patterson, CEO and Co-Founder of Queue. "Queue shares Eventbrite's passion for live experiences and a maniacal focus on providing customers with innovative products and data-driven insights that improve their business."

Eventbrite, which has processed tens of millions of tickets to music events, continues to further its footprint in the venue and festival spaces. The company currently tickets marquee venues including Ace of Spades, Slim's, Great American Music Hall, Santos Party House and Blue Note's Subrosa in addition to popular festivals, including Governors Ball, BottleRock and WayHome Music Festival.

The integration of Queue and growing roster of music customers underscores the company's traction over the past decade. Founded with the mission to democratize the ticketing industry, Eventbrite has processed over $5 billion in gross ticket sales for customers around the globe. In 2015 alone, Eventbrite supported millions of events in 180 countries, and processed over 100 million tickets.

About Eventbrite:

Eventbrite is the world's largest self-service ticketing and registration platform, hosting a vibrant collection of live experiences to fuel people's passions and enrich their lives. For organizers, Eventbrite provides a seamless, professional grade solution to create compelling event pages, sell tickets, promote and manage events, and analyze results - from the web or any mobile device. For attendees, Eventbrite offers access to a wide variety of live experiences, from small photography and yoga classes to large concerts and festivals with tens of thousands of people. Founded in 2006 and headquartered in San Francisco, the company has eight offices around the world. Investors include Sequoia Capital, Tiger Global and T. Rowe Price. Learn more at www.eventbrite.com.

About Queue:

Queue is leading the way in revolutionizing the event management industry through a suite of innovative tools that empower producers, venue owners, and talent buyers in providing a seamless experience to event attendees. Queue combines event booking, box office and guest list administration, social media marketing, and real-time analytics to better inform the decision making of stakeholders through one system and one login. Learn more at www.queueapp.com.

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