McDonald’s Spent $50 Million on TV Advertising in April

Papa John’s Claims It’s Still on Track Despite More Losses

Google Wants to Tell You What to Eat

Tag: funding

Chains

Fast Casual Dig Inn Is Launching a Full Service Concept

1 year ago

Dig Inn's founder and CEO is betting that well-prepared vegetables work just as well in a sit-down environment as they do for the office lunch crowds.

Tech

EzCater Raises $150 Million to Further Digitize Off-Premise Sales

1 year ago

Large-format catering orders may not grab the same headlines commanded by third-party delivery services at the moment, but it's a buzzing and important part of many restaurants' off-premise strategies.

Tech

Toast’s Latest $250 Million Funding Round Will Fuel Research and Development

1 year ago

Toast has seen tremendous growth over its five years of existence. We wouldn't be surprised if the next stop is an IPO. (And directing $1 billion toward R&D efforts is certainly not small potatoes.)

Tech

DoorDash Closes $400 Million Funding Round

1 year ago

The company is now valued at a head-spinning $7.1 billion, up from $1.4 billion less than a year ago.

Tech

DoorDash Is Negotiating a $500 Million Funding Round

1 year ago

When Postmates confidentially filed for an IPO last week, we knew it was only a matter of time before rival DoorDash would try to shout louder with bigger news. In this case, nothing's confirmed, but DoorDash is looking at closing a round of funding that could push the company passed a $6 billion valuation.

Chains

Papa John’s Accepts $200 Million Investment From Activist Hedge Fund

1 year ago

The struggling pizza chain did not fancy offers from third parties willing to purchase it outright, but for $200 million, it's willing to make Starboard's CEO the chairman of the company.

Tech

DoorDash Raises $250 Million Nearly Tripling Its Valuation

2 years ago

DoorDash is on fire. There's lots of room to grow in the delivery market — remember, nearly half of delivery orders are still placed over the phone — but its new technology, strong chain partnerships, and influx of cash are teeing it up as a force to be reckoned with in the space.

Tech

Toast Closes $115 Million Series D to Advance Its POS System

2 years ago

There's a great "unicorn Toast" joke in here somewhere, but mostly this investment in a relatively young restaurant technology company underscores the value that both investors and restaurants are placing on connected, modern, and agile software to run competitive and profitable businesses.

Tech

SevenRooms Raises $8M to Expand Its Reservations and Customer Management System

3 years ago

In the competitive restaurant software market, services continue to double-down on the features that make them uniquely attractive to potential customers.

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