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Restaurant tech platform Toast secures $30 million Series B funding

Boston-based restaurant technology platform Toast has secured $30 million in Series B funding. Bessemer Venture Partners led the round with participation from other investors that included GV, formerly called Google Ventures. Toast expects to use the funds to fuel further growth by hiring new talent, product development, and customer success. Built specifically for restaurants, Toast brings together many solutions from integrated online ordering to gift card and loyalty programs to labor and sales reporting all on a mobile, cloud-based POS system.


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