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ACQUIRED COMPANY
 
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OpenTable  (Stock symbol: OPEN ) Acquired by Priceline (2014 $ 2,600,000,000 )

1 Montgomery Street Suite 700
San Francisco, CA 94104
USA
(415)-344-4200
Website Company Summary Management Team
Board

Outside board: (May no longer be on the board) Thomas Layton (OpenTable Former CEO) A George Battle (Ask.com Executive Chairman) Robert Hohman (Glassdoor.com CEO) Matthew Roberts (OpenTable Chairman) Adam R Dell (Steelpoint Capital Partners Managing Director) Paul Pressler (Gap President/CEO) Paul Pressler (Gap President/CEO) Michelle Peluso (Travelocity CEO) Bill Gurley (Benchmark) Danny Meyer (Union Square)
Former outside board: Jeffery D Jordan (OpenTable Executive Chairman) Keith Cox (World Wrapps) Michael Dellar (Lark Creek Restaurant);  Tony Heish (Link Exchange);  Lloyd Wirshba (American Express Sr. VP)
Company

Business description: OpenTable is the world's leading provider of online restaurant reservations, seating over 12 million diners per month via online bookings across more than 30,000 restaurants. The OpenTable network connects restaurants and diners, helping diners discover and book the perfect table and helping restaurants deliver personalized hospitality to keep guests coming back. The OpenTable service enables diners to see which restaurants have available tables, select a restaurant based on verified diner reviews, menus and other helpful information, and easily book a reservation. In addition to the Company's website and mobile apps, OpenTable powers online reservations for nearly 600 partners, including many of the Internet's most popular global and local brands. For restaurants, the OpenTable hospitality solutions enable them to manage their reservation book, streamline their operations and enhance their service levels. Since its inception in 1998, OpenTable has seated more than 530 million diners around the world. The Company is headquartered in San Francisco, California, and the OpenTable service is available throughout the United States, as well as in Canada, Germany, Japan, Mexico and the UK. OpenTable also owns and operates toptable, the leading consumer destination site for restaurant reservations in the UK. More information is available on http://www.opentable.com.
Customers include: Ark Restaurant Corp;  LarkCreekGroup;  Ruth's Chris Steak House
Partners include: American ExpressAOLAOLCitysearchComdisco VenturesDeemeMotionEpinionsExpediaGoogleMetaTripAdvisorUrbanSpoon Yahoo!Zagat;  Bing;  Calendar Live;  Chicago Tourism;  Digital City;  DiRoNa;  Fodors;  Gayot;  GiftCertificates.com;  Metromix.com;  NewYorkToday;  Nwsource;  NY Times;  OracleMobile.com;  San Francisco ConventionAndVisitors Bureau;  Time Out New York;  USAchefs.com;  Washingtonian Online;  washingtonpost.com;  WorldSpan;  Xylo;  Zagat Survey
Capital

Rounds: 4
Recent Fundings:    Mar 2001
Capital raised: 50.0M
Ownership: Acquired by Priceline (2014 $ 2,600,000,000 ) Ipo Filing
Stock Symbol: OPEN
Angels/other VCs: Ronald C ConwayNaveen Jain (Infospace)
Corporate investors: WorldSpan;  Zagat

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Overview
Record updated: Aug 2020
Sector: Internet
Year Founded: 1998
Headcount: 76-100 as of May 2002
Rounds: 4
Recent Fundings:    Mar 2001
Capital Raised: 50.0M
Ownership: Acquired by Priceline (2014 $ 2,600,000,000 ) Ipo Filing
Stock Symbol: OPEN