Software company Ticketfly has closed a Series D financing round, raising $50 million.

The round was led by Riverwood Capital, a globally-focused private equity firm that invests in fast-growing, late-stage technology companies.

Ticketfly plans to use the funds to accelerate development of its cloud-based live events platform, including new products and services for its existing client base. The financing will also fuel the company's move upstream into larger facilities, its expansion globally and into adjacent verticals, and a reimagined event-going experience ...