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Toast Raised $115m Series D at $1.4bn Valuation

Boston based management software and payments platform for restaurants has raised $115 million in a Series D round led by T. Rowe Price at a valuation of $1.4b.

"We're trying to help the good old hospitality of having a restaurant be successful and be recommended by you," says CEO Chris Comparato. "But we're still in early innings of adoption."