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RazorGator Gets $10M In Debt Financing




Los Angeles-based RazorGator, fresh off a recent equity financing round, said Monday that it has raised $10M in an debt financing extension from Hercules Technology Growth Capital. According to RazorGator, the extension will be used for "aggressive expansion" of the firm's services. RazorGator operates a service which connects sports and entertainment fans with difficult-to-find tickets. Terms of the debt financing were not disclosed. RazorGator announced a $7.5M equity raise last week from Kleiner Perkins Caufield & Byers, Oak Investment Partners, and Steamboat Ventures.


 

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