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Accel and the NFL's Manning Brothers Invest $35 Million in SeatGeek

Jason Del Rey has been a business journalist for 15 years and has covered Amazon, Walmart, and the e-commerce industry for the last decade. He was a senior correspondent at Vox.

SeatGeek, an online search engine for tickets to sporting events and concerts, has raised a $35 million Series B investment led by Accel Partners. The New York City-based company also raised money from the investment firm run by Boston Celtics owner Wyc Grousbeck, as well as Nas, Peyton and Eli Manning, and Carmelo Anthony’s new venture capital firm. SeatGeek earns referral fees for sending people who search on its site to complete transactions on ticket-buying sites. Those fees have generated around $10 million in revenue for SeatGeek so far this year, co-founder Jack Groetzinger said.

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