OpenTable IPO nets $55.8M

SAN FRANCISCO OpenTable Inc., an online reservation services firm, said some of the proceeds from its initial public offering last week will be used to enhance marketing, which could be good news for its nearly 11,000 restaurant clients.

Ten-year-old OpenTable, which said it served 9,548 U.S. restaurants and 1,097 overseas locations as of March 31, made its initial public offering of 3 million shares at $20 a share last Thursday. In doing so, the San Francisco-b

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