Microsoft's Bing Fund has been in operation for close to a year, offering small seed funding investment to a number of startup companies. Today, Microsoft announced that Bing Fund has completed its sixth investment, this time with a company called BuzzTable.
Microsoft's Bing blog has more information on the company, which is based in New York City. BuzzTable offers mobile app software for restaurants that can be used by both the owners and the patrons of the establishment. The owners can use BuzzTable's WaitList+ software to create waiting lists for their customers that they claim can cut the wait time to be seated by as much as 28 percent.
Customers can download their own app on a smartphone which can offer information on a restaurant's menu, prices and more while they wait to be seated. The app can also help create customer profiles that might include identifying VIP guests and regular customers; they can also offer private feedback to the owners via the app.
As usual with investments from the Bing Fund, Microsoft did not state just how much money it is investing in BuzzTable. The Bing blog did say, "Over the next few months, Bing Fund will be working closely with the team to see how we can help scale and improve what is already an outstanding set of services."
Source: Microsoft | Image via Microsoft