TableSafe Raises $5.8 Million

According to a recent SEC filing, ecommerce startup TableSafe has raised $5.8 million in financing from an undisclosed investor.

TableSafe aims to transform the way restaurants and other venues manage their hospitality services. TableSafe’s RAIL™ provides a secure payment platform that enables guests to execute payment at the table while maintaining control of their payment information at all times. According to the company, RAIL increases restaurant revenue by accelerating table turn and staff efficiency both in the front and back of the house.