The Alphabet-backed restaurant management platform developer's series F round valued it at $4.9bn and it has now received more than $900m in funding altogether.
Toast, a US-based restaurant management software provider that counts internet and technology group Alphabet as an investor, raised $400m in series F funding on Friday at a $4.9bn valuation.
The round was co-led by TPG, Greenoaks Capital, Bessemer Venture Partners (BVP) and Tiger Global Management and included Durable Capital Partners, TCV, G Squared, Light Street Capital, Alta Park Capital and funds and accounts advised by T. Rowe Price.
Founded in 2011, Toast has created a restaurant management platform that encompasses…
