The point-of-sale technology developer, which had previously secured a total of $10m in funding and debt, has added Alphabet to its shareholders.
US-based point-of-sale technology producer Toast has raised $30m in a series B round backed by GV, the corporate venturing vehicle of conglomerate Alphabet formerly known as Google Ventures.
Venture capital firm Bessemer Venture Partners led the round, which featured participation by a range of unnamed private investors.
Founded in 2011, Toast’s cloud-based point-of-sale technology is aimed at restaurants and offers features such as online ordering, gift vouchers and loyalty programs. The system also generates labour and sales reports.
The funding…
