Seatwave Receives $8M in Preferred Stock Financing

WALTHAM, MA — Seatwave, Europe's largest fan-to-fan ticket exchange, has raised $8 million through the sale of Series B convertible preferred stock to Atlas Venture, Mangrove Capital Partners and certain other investors.

Morse, Barnes-Brown & Pendleton serves as outside counsel to Seatwave Inc., and advised it in connection with the structuring, negotiation and documentation of this transaction. Jonathan Gworek and Joseph Martinez were the attorneys on this deal.

Seatwave's operations are based in London, and its online marketplace allows fans to buy and sell tickets for theatre, sports, music and other live events.

Morse, Barnes-Brown Pendleton, PC, focuses exclusively on the core legal services that businesses need to succeed. The law firm assists businesses of all sizes — from start-ups to Fortune 1000 companies — in the areas of business law, technology and intellectual property, employment and immigration and taxation.

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