Eventbrite Recognised For Innovation As Company Expands Through Acquisition

Eventbrite Recognised For Innovation As Company Expands Through Acquisition

Eventbrite has been named Fast Company’s Top 10 Most Innovative Companies in Live Events, specifically recognising their introduction of RFID technology.

Laura Huddle
Posted by Laura Huddle

The Most Innovative Companies award is one of Fast Company’s most significant and highly regarded awards, recognising leading companies that exemplify the best in business and innovation.

The news comes as Eventbrite announces further growth and expansion with the acquisition of  industry-leading event management platform 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, and will be available in Australia in the near future.

“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.”

The integration of Queue and Eventbrite’s growing roster of customers underscores the company’s traction over the past decade. Founded with the mission to democratise 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.