TabbedOut Takes $2M More In Series C

Austin-based TabbedOut has raised $2M more in its Series C funding, according to the company, which came from Aeterna Capital. TabbedOut, which is led by Alex Broeker, said the additional capital brings its Series C total to $23.5M. Prior investors in the round included Wellington Management Co., NEA and Morgan Creek Capital Management. TabbedOut develops a mobile payment app which is used by bars and restaurants, and connects into existing point of sale (POS) systems. More information »