[September 18, 2018] |
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Toast Ranked No. 29 on Forbes Cloud 100, Named Top Boston Employer by Hired
Toast,
the fastest-growing restaurant management platform in the U.S.,
today announced that it ranks No. 29 on the Forbes 2018 Cloud
100; Toast listed as No. 68 in 2017. Published by Forbes in
collaboration with Bessemer Venture Partners and Salesforce Ventures,
the Cloud 100 is the definitive list of the top 100 private cloud
companies in the world. Toast was also recently named a "Hot 100"
privately-held software company by JMP Securities (News - Alert) and a top Boston
employer in Hired's second annual Brand Health Report.
"We are honored to be recognized by Forbes, JMP and Hired. These
achievements, however, would not be possible without the Toast
restaurant community, our investors, and our employees," said Chris
Comparato, CEO of Toast. "We are both humbled to be recognized and
energized to continue delivering on our mission to empower the
restaurant community to delight guests, do what they love, and thrive."
Additional detail on the Forbes 2018 Cloud 100, JMP "Hot 100,"
and Hired's 2018 Brand Health Report:
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JMP
Securities, a San Francisco-based, full-service investment bank,
publishes its annual "Hot 100" list to highlight the best privately
held software companies as determined by the firm's technology equity
research group. 2018 marks the ninth edition of this report. JMP
Securities selects the Hot 100 based on a range of criteria, incluing
prospects for addressable market opportunity, competitive
differentiation, sustainable growth, product value-add, and quality of
leadership.
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Hired's second annual Brand
Health Report is a result of surveying regional tech talent to
rank the local companies they find most attractive places to work to
determine which factors job seekers prioritize.
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The Forbes 2018 Cloud 100 and 20 Rising Stars lists are
published online.
As part of the rigorous selection process, Bessemer Venture Partners
received submissions from the top cloud startups. The Forbes
Cloud 100 judging panel, including top public cloud company CEOs,
reviewed the data to select, score, and rank the top 100 cloud
companies from all over the world. The evaluation process involved
four factors: market leadership (35 percent), estimated valuation (30
percent), operating metrics (20 percent), and, people and culture (15
percent).
"All of the twenty-five cloud IPOs and major cloud acquisitions over the
past three years have been prior members of the Cloud 100, and we
absolutely expect that the dominant public cloud companies of the future
will also come from this list," said Byron Deeter, a top cloud investor
and partner at Bessemer Venture Partners.
Interested candidates may find additional information on Toast career
opportunities here.
Restaurant owners and operators can learn more about Toast and schedule
a personalized demo here.
About Toast Launched in 2013, Toast powers successful
restaurants of all sizes with a technology platform that combines
restaurant POS, front of house, back of house and guest-facing
technology with a diverse marketplace of third-party applications. By
pairing technology with an unrivaled commitment to customer success,
Toast helps restaurants streamline operations, increase revenue and
deliver amazing guest experiences. In 2017, Toast was recognized as the
third fastest-growing technology company in North America on the
Deloitte (News - Alert) Fast 500 and named to the Forbes Cloud 100. Learn more at www.toasttab.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180918005593/en/
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