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OpenTable

Provides online restaurant reservations.

Headquarters:
One Montgomery St., 7th floor
San Francisco, CA 94104
Employees: 625
CEO: Matthew Roberts
Stock Symbol: OPEN

Website: http://www.opentable.com

Career Site

OpenTable is the world's leading provider of online restaurant reservations, seating more than 14 million diners per month via online bookings across approximately 31,000 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.

Restaurants pay a $199 monthly subscription fee to use the OpenTable hardware and software along with a charge of $1.00 per diner for each reservation made at OpenTable.com or $0.25 per diner from reservations made at the restaurant's website.

For diners, concierges and administrative professionals, the OpenTable website provides a fast, efficient way to find available tables that meet desired criteria for cuisine, price and location at a specified time. Diners can also book reservations using our mobile solutions, including apps for the most popular smartphone platforms. Reservations are free and can be made around the clock. The website is directly connected to the thousands of computerized reservation systems at OpenTable restaurants. Search results reflect actual, "real-time" availability, and reservations are immediately recorded in the restaurant’s OpenTable system.

Since its inception in 1998, OpenTable has seated more than 575 million diners around the world.

The Company is headquartered in San Francisco 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.

In 2013, the company reported revenues of $190.1 million, up 18%, and net income of $33.3 million.

OpenTable reported an Installed restaurant base of 7,729 at the end of 2013, compared to 7,716 at the end of 2012.

History

OpenTable was founded in 1998 by Chuck Templeton, a former marketer who observed the difficulty his wife faced while trying to book a dinner reservation by phone.

The company went public on May 21, 2009.

In February 2014, OpenTable acquired Ness Computing, a provider of mobile restaurant recommendations, for $17.2 million.

Benefits

OpenTable offers a competitive salary, stock options and benefits package.

Updated April 30, 2014