News Brief


Restaurant reservation service OpenTable announced today that it had acquired Ness, the maker of a sleek and smart restaurant recommendation app, for $17.2 million in cash. Ness had raised $20 million from Khosla Ventures, American Express and others, but faced an uphill battle competing against the likes of Yelp and OpenTable. The startup’s app and service will be shut down, OpenTable said.




1 comments
OTInsider
OTInsider

OpenTable is moving towards a fee-for-reservation model.


That's why they launched their "payments" service today - to get people to put in their Credit Cards. Ness will be used to make them look sleek - so people won't feel bad about paying for a table.


Gone are the days of free reservations. This is what greedy monopolies do. 

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