Toast raises $30 million for Android-powered point-of-sale system to challenge Square

Toast announced today that it has raised a $30 million Series B funding round to support its Android point-of-sale (POS) system for restaurants. This latest investment was led by Bessemer Venture Partners and will be used for hiring talent, updating products, and marketing. Additional investors include GV (formerly Google Ventures), along with unnamed private investors.

Leave a Reply

Your email address will not be published.