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Short Take: OpenTable raises $42 million

OpenTable.com has raised $42 million in a fourth round of funding to expand its online restaurant reservation service. Investors included Benchmark Capital, Impact Venture Partners and Integral Capital. New York-based OpenTable provides online reservations to hotel concierges, travel agents and Web visitors. Its system reserves tables at more than 1,100 restaurants in the United States. The company has raised a total of $55 million since its inception in October 1998.

Stefanie Olsen Staff writer, CNET News
Stefanie Olsen covers technology and science.
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Stefanie Olsen
OpenTable.com has raised $42 million in a fourth round of funding to expand its online restaurant reservation service. Investors included Benchmark Capital, Impact Venture Partners and Integral Capital. New York-based OpenTable provides online reservations to hotel concierges, travel agents and Web visitors. Its system reserves tables at more than 1,100 restaurants in the United States. The company has raised a total of $55 million since its inception in October 1998.