Restaurant management platform Toast fetches $115 mln Series D
Summary
Boston, MA—July 10, 2018 – Toast, the fastest-growing restaurant management platform in the U.S., today announced $115 million in Series D funding to accelerate investment in research and development, recruit new talent, and expand its market presence.By combining a powerful AndroidTM-based point-of-sale experience with solutions designed to increase revenue and improve restaurant operations, Toast has become one of the fastest-growing technology companies in North America.“With close to $800 billion in annual sales and representing nearly 15 million jobs in the U.S., the restaurant industry is a powerful contributor to local economies,” said Christopher Comparato, CEO of Toast.In the fine-casual eatery, guests enjoy a mobile ordering experience and receive text notifications from the Toast Kitchen Display System when their food is ready.By pairing technology with an unrivaled commitment to customer success, Toast helps restaurants streamline operations, increase revenue and deliver amazing guest experiences.
Funding
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