Tickets.com Invests $30 Million in EncrypTix
Tickets.com Inc., an online and conventional supplier of tickets for live events, movies and other entertainment, has invested $30 million in a Santa Monica company for technology that will make its Web site transactions more secure.
Tickets.com said in a press release that EncrypTix Inc. will provide the company with the ability to provide a secure “virtual ticket window” for customers to print out tickets from home--day or night up to show time.
EncrypTix is 70% owned by Stamps.com., a Santa Monica provider of Internet mailing and shipping services, including the purchase of postage stamps that can be printed from its Web site.
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