OpenTable Files for $40 Million Public Offering

OpenTable, the online restaurant reservation service, has filed an S1 with the SEC to raise $40 million. The company, founded in 1998 by former Citysearch President Thomas Layton, was launched as easyseats.com. It currently has contracts with 10,000 restaurants in all 50 states, or approximately 1/3 of U.S. reservation restaurants. It seats roughly 2.8 million … Read more