Tuesday, 15 May 2012

Europe?s ?OpenTable?, Livebookings Eats Up Another $24M From Balderton, Wellington, Ekstranda

Livebookings logoLivebookings, the restaurant booking and marketing service that competes with services like OpenTable, is announcing today that it has picked up another $24 million (?15 million) in funding to continue growing its business in Europe and beyond. The news highlights two trends we've seen emerging recently around here: companies dedicated to eating out are not going hungry in the current economic climate; and the more local, European counterparts to U.S.-based tech companies are getting a lot of attention from investors and consumers. Today's round of funding, Livebookings' fourth, is being led by existing investors?Balderton Capital, Wellington Partners and Ekstranda and takes the total amount raised by the company to about $62 million.

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