2017 January 17: Queue-it, the market-leading virtual waiting room provider, has received 350,000 euro in funding from the Danish government to advance its product offering as a part of the Innobooster initiative.
The funding will be applied to further develop Queue-it’s robust bad bot and malicious user defense features that exist with its virtual waiting room solution. The continued development in efforts to help customers defend against non-human online traffic during high demand internet events also coincides with recent Better Online Ticket Sales Act (BOTS Act) in the US. Similar legislation has been in place in Denmark since 1919, ensuring fair purchasing opportunities for consumers.
The funding will also be used for efforts to expand Queue-it’s services to digitally developing markets, where services are limited today by technical and local constraints.
The Innovation Fund Denmark has launched the Innobooster initative to inspire Danish technology companies to create a new service or improvement of a process to increase your company’s competitiveness.
“We are delighted to receive this funding to advance our technologies in order to reach new markets and new levels of fraud protection in collaboration with our customers,” said Queue-it co-founder Niels Sodemann. “While we appreciate that legislation is coming along around the world to make it easier for fans to buy tickets to shows at face value right when they go on sale, we are driven to continue to develop our platform to provide the utmost online fairness for our global list of customers and the consumers they serve.”
Queue-it is the leading developer of virtual waiting room services to control website traffic surges by offloading visitors to an online waiting line environment. Its powerful SaaS platform enables online ticket sales, retailers, and public sector services across the globe to keep their systems online and visitors informed, capturing key revenue and online activity on their most business-critical days. The use of Queue-it has ensured online fairness during high-demand online events for more than 1 billion consumers worldwide. For more information, please visit www.queue-it.com.