Restaurant SaaS Company Toast, Inc. Closes $1.4 Billion Round of Funding

Toast, Inc., a restaurant point of sale SaaS platform, has closed on a Series D round of funding worth $1.4 billion. The Round was led by T. Rowe Price and included Tiger Global and previous investors. The July 10 announcement officially elevates the Cambridge, Massachusetts based company to the vaunted status of “unicorn”...