EventUp Secures $1.8 Million Investment from Groupon Founders, Expands to Chicago

In a significant move for the event planning industry, EventUp has successfully raised $1.8 million in funding from the founders of Groupon. This investment marks a pivotal moment for the company as it sets its sights on expanding its services to Chicago, a vibrant market known for its diverse event landscape.

EventUp, a platform designed to simplify the process of finding and booking event spaces, aims to leverage this new capital to enhance its offerings and reach a broader audience. The expansion into Chicago is expected to provide local businesses and event planners with access to a wide range of venues, making it easier to host everything from corporate gatherings to social celebrations.

The backing from Groupon's founders not only provides financial support but also brings valuable expertise in scaling a tech-driven business. As EventUp continues to grow, it is poised to become a key player in the event planning sector, offering innovative solutions that cater to the needs of its users.

For more details on this exciting development, you can read the full article by Ken Yeung on bub.blicio.us here.