Ingrid Lunden / TechCrunch:

Toast, a cloud-based restaurant management platform, raises a $250M Series E led by TCV and Tiger Global at a $2.7B valuation  —  Restaurant sales hit $825 billion last year in the US, but with margins averaging at only three to five percent per business, they’re always looking for an edge …

Toast, a cloud-based restaurant management platform, raises a 0M Series E led by TCV and Tiger Global at a .7B valuation (Ingrid Lunden/TechCrunch)
Source: Tech Meme