10-07-2018 15:00 via feedproxy.google.com

Toast raises $115M at a $1.4B valuation to create a one-stop management tool for restaurants

While massive restaurant chains might have resources to build out their own management systems or integrate with larger point-of-sale providers, Toast — a provider of tools for restaurants to manage their business — is raising a big round of funding to go after everyone else.
Now Toast is a business valued at $1.4 billion, thanks to a fresh infusion of $115 million in its latest round of funding. At its core, Toast is a point-of-sale for restaurants, though over time it’s added
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