RazorGator Confirms Funding

Los Angeles-based RazorGator announced Friday that it has close on $7.5M in a funding round, led by existing investors Kleiner Perkins Caufield & Byers, Oak Investment Partners, and Steamboat Ventures. The funding had been disclosed earlier this week, but not confirmed by the company until today. According to RazorGator, it will use the new round of funding for "aggressive expansion" of its ticketing service. RazorGator operates a service which helps sports and entertainment fans get access to high-demand events.