Today In Data: SeatGeek Acquires TopTix

Over the last few decades, mobile ticketing has increased in popularity. With companies like Ticketmaster and Live Nation amassing revenues reaching $7.2 billion, the ticketing industry is quite lucrative.

This week, SeatGeek announced its plans to acquire Israeli ticketing software company TopTix.

Here are the numbers:

$56 million | Amount for which SeatGeek is purchasing TopTix

$57 million | Series D funding that made the acquisition possible

500 | Number of institutions TopTix brings into the SeatGeek organiztaion

80 million | Number of tickets TopTix sells annually

16 | Number of countries TopTix works with