Dice Ticketing Platform Raises $ 122 Million in Series C Funding

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Ticket platform Of raised up to $ 122 million in Series C funding in a round led by a new investor, SoftBank Vision Fund 2, with follow-on investments from Tony Fadell’s Future Shape, Blisce, from French entrepreneur Xavier Niel, Mirabaud Private Equity, Cassius and Evolution.

“We believe DICE technology has the ability to transform the future of live entertainment,” said Yanni Pipilis, Managing Partner of SoftBank Investment Advisers. “Along with the flexibility and security of seamless ticketing, the platform connects fans, artists and venues in a whole new way… We are thrilled to partner with DICE to help create experiences remarkable events for fans around the world. “

According to the announcement, Dice will use the funding to “dramatically grow the business by expanding the reach of artists, fans and venues, while hiring new team members, adding to its live streaming offering, and expanding its reach. launching an ambitious artist development program that will see the platform work with even more artists directly on their live strategy.

“Dice is rewiring the live experiences industry. We’ve proven that if you treat fans well, they come out more, ”said Founder-CEO Phil Hutcheon. “We’re overhauling an unfair and inefficient system by developing a transparent, data-driven, fan-driven approach – creating an evolving ecosystem that helps artists, promoters and venues thrive. Having SoftBank as a partner allows us to develop in all markets.

Tony Fadell, inventor of the iPod and co-inventor of the iPhone, joins Dice’s board of directors to support the development and expansion of the platform in the sites.

+ Warner Music Group and Tic announced a “first-of-its-kind” partnership that will see the companies launch various recording artist channels and create a stand-alone music space featuring premium music-centric programming. The deal marks Twitch’s first partnership with a major record label, giving users ways to interact with music-related content on the service and giving artists a more direct connection with fans.

Additionally, Twitch has created a new process where participating music rights holders, including WMG, can choose to report certain uses of their music, to deal with when creators inadvertently or accidentally use music in their streams. This comes in tandem with last week’s announcement of a deal between Twitch and the National Music Publishers Association that does not amount to a licensing deal but apparently eases long-standing tensions between the two entities.

Oana Ruxandra, Chief Digital Officer and EVP, Business Development, WMG said: “It is clear that Twitch is a must-have space for all types of creators to connect with their fan communities. Our partnership creates a ramp for artists to access the service with the strong support of Twitch, opening up a whole new source of additional revenue. Between the dedicated artist channels and the premium shows we plan to launch, music lovers will have a refreshing new take on the music world and the lives of their favorite artists.

Tracy Chan, VP, Head of Music, Twitch added, “Twitch has always been – and will continue to be – creator first. For fans, artists and all creators, this is a big step forward. The myriad of opportunities for fans and artists to form meaningful, direct and valued relationships on Twitch continue to expand every day. By working together, we can create new paradigms and opportunities for artists and the Twitch community, all grounded in fan passion. We appreciate the step-by-step approach of our colleagues at Warner Music and look forward to a productive partnership. “

The partnership with Warner Music Group’s recorded music business will see the launch of channels of WMG artists, including Warner Records artists Bella Poarch and Saweetie and Atlantic Records singer / producer Sueco.