Nikklas Eklund

Livebookings secures £6.5m boost by Balderton Capital

7th March 2008, 10:31am

The Livebookings Network has unveiled a £6.5 million investment by Balderton Capital, the investor behind companies such as Bebo (social networking site), Codemasters (video games developer) and Setanta (European sports broadcaster), to provide more services to the restaurant industry.

Niklas Eklund, chief executive officer for the Livebookings Network, commented: "With this investment, we can further expand our partner network and extend our reach as hungry guests go online to make their next reservation."

Based in London, Balderton Capital is one of Europe's largest venture capital organisations, with an investment strategy focused on finding and helping talented entrepreneurs build good companies.

Since 2000, Balderton has invested in over 70 companies across a wide range of technology sectors and geographies including throughout Europe, and in the US and China.

Johan Brenner, partner at Balderton Capital, explained the benefits to the restaurant sector: "Livebookings is a fantastic, easy-to-use service for the restaurant sector. By bringing together booking agents, restaurant and diners, it fulfils a vital reservations and marketing role."

Balderton aims to expand the business across Europe.

Related Articles:

• 10 Feb 2012 - Livebookings secures deal with Gordon Ramsay’s Bread Street Kitchen
• 08 Feb 2012 - Livebookings celebrates record covers in January
• 23 Jan 2012 - Livebookings seated record number of diners in December
• 08 Nov 2011 - Livebookings joins forces with Square Meal
• 26 Sep 2011 - Livebookings makes it through to The Sunday Times Microsoft Tech Track 100
• 18 Aug 2011 - Livebookings launches new deals marketing platform for restaurants and consumers
• 27 Jan 2011 - Some 39% of restaurants don't have a website, finds Livebookings
• 27 Jul 2009 - What Livebookings can offer the restaurant industry
• 02 Apr 2009 - Sharpening your business strategy
• 30 Mar 2009 - New marketing director at Livebookings

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