A Texas startup has just raised US$2.05 million for its TabbedOut app – a mobile application that allows you to open a tab at the restaurant or bar you are eating at, sharing your tab code with the staff as you order, who will add all expenses to your bill. Then when you are ready to leave you can pay on your phone without having to wait for your bill and then wait again for your change.

In addition, restaurants and bars who sign up to use TabbedOut will get paid directly and won’t need to buy any additional equipment. I can definitely see a use for this at any restaurant or bar near a theatre, it will definitely ease tensions as the 8pm curtains-up approaches.

VentureBeat

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