Monday, June 4, 2012

Marketplace For Event Venues ?Eventup? Brings In $1.8M From Lightbank, NEA And More

Screen Shot 2012-06-04 at 3.55.30 AMLike an Airbnb but for events spaces, Eventup is announcing a $1.8 million seed round today, with financing led by Eric Lefkofsky's Lightbank and followed on by NEA, Crosscut Ventures, New World Ventures and others including LA-based incubator Science. While startups like Venuetastic have the bars part of the events equation down, EventUp has much wider eyes, eventually wanting to control the entire "events funnel." The company monetizes by taking a 10% cut of each transaction.

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