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Toast Secures $115m In Funding Round Led By T. Rowe Price

by vcaonline.com posted 4months ago 24 views
Toast Secures $115 Million in Funding Round Led by T. Rowe PriceInvestment values Toast at $1.4 billion, proceeds focused on accelerating market leadership BOSTON, Mass., 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. The financing round, led by funds and accounts advised by T. Rowe Price Associates, Inc., with participation from new investor Tiger Global Management, LLC – as well as existing investors – values Toast at $1.4 billion.

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