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Toast raised $400m bringing valuation to nearly $5b

Boston based restaurant management and payments platform raised $400m in a new round of funding at a $4.9b valuation, led by Bessemer Venture Partners, TPG, Greenoaks Capital, and Tiger Global Management. 

“We’re going to be innovating in helping the entire community whether it’s merchants, whether it’s guests, whether it’s employees of the restaurants, to be successful,” Barash said in an interview with Crunchbase News.

Tags

payments, restaurants