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Address Profile OpenTable is the leading supplier of reservation, table management and guest management software for restaurants. In addition, the company's website is the most popular Internet site for making restaurant reservations online. With more than 10,000 restaurant customers throughout the United States, Canada, the United Kingdom, Spain, German, Japan and Mexico, the OpenTable hardware and software system replaces pen-and-paper at the host stand. It automates the process of taking reservations and managing tables, while allowing restaurants to build databases of diners for guest recognition and targeted e-mail marketing. Each month, more than 2 million people dine out with reservations booked online through OpenTable. The service is free for diners and restaurants pay a monthly fee to use the software and a charge per reservation. OpenTable has many distribution partners, including AOL CityGuide, Chicago Tribune's metromix.com, Citysearch.com, DiRoNA, Los Angeles Times' calendarlive.com, NYC & Company, Time Out New York, San Francisco Chronicle's sfgate.com, washingtonpost.com, and Yahoo! Inc. Investors in the company include Benchmark Capital, Integral Capital Partners and Impact Venture Partners. In May, the company went public on Nasdaq with the symbol OPEN and sold 3 million shares at $20 each. Chuck Templeton founded OpenTable in 1998 to make it easier to find a table at fine restaurants. |
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