Toast raises $115M at a $1.4B valuation to create a one-stop management tool for restaurants – TechCrunch

While massive restaurant chains might have resources to build out their own management systems or integrate with larger point-of-sale providers, Toast — a provider of tools for restaurants to manage their business — is raising a big round of funding to go after everyone else. Now Toast is a business valued at $1.4 billion thanks to a fresh infusion of $115 million in its latest round of funding.