TabbedOut Gets $3.5M

Austin-based mobile apps developer TabbedOut has raised $3.5M out of a $4.0M, convertible debt funding round, according to a regulatory filing earlier this week. Details on the funding for ATX Innovation have not yet been announced by the company. TabbedOut has previously raised funding from New Enterprise Associates and Trellis Partners. TabbedOut's apps allow visitors to restaurants and bars to manage and pay their bar tab using a mobile phone. More information »