OpenTable files for first venture-backed IPO of 2009
OpenTable, the online restaurant reservation company has filed to go public, making it the first technology company initial public offering in many months. It comes, counterintuitively, at a when people are cutting back on expenses — and eating out less.
The company works with more than 10,000 restaurants, using a combination of software and hardware to allow people to make online and mobile reservations. It made $41.3 million in revenue through September 30 of last year,… Continue Reading