US-based concert ticketing platform Songkick has secured $15m in funding from conglomerate and existing investor Access Industries.
Songkick allows users to purchase tickets to music events and powers concert listings on third-party services such as music streaming platform Deezer. It merged with Crowdsurge, which lets artists such as Paul McCartney and Metallica sell tickets directly to fans, in June 2015.
Songkick has not clarified what it intends to do with the money, though it has announced it is expanding its office on the US west coast and has brought Lydia Goldberg on board as vice-president for product and Lee Martin as vice-president for design.
Access Industries invested $10m in Songkick in December 2015 after participating in its $16m series C round in June 2015 alongside Sequoia Capital and Index Ventures.
Sequoia, Index, Y Combinator, SoftTech and Accelerator Group had previously provided a total of $17m in funding for the company.
Matt Jones, CEO of Songkick, said: “The biggest myth in live music is that ticket scalping is somehow impossible to prevent, but with the right focus and the right tools, these issues can be solved, and Songkick is at the leading edge of solving them.
“Through our technology we are reducing scalping, giving real fans a better chance of getting tickets to the shows they have waited so long to attend, and generating more revenue for artists along the way.”