Sun, 18 Aug 2019

High profile tech company boosts presence in Ireland

Conor Trindle
18 Jul 2019, 16:21 GMT+10

DUBLIN, Ireland - The fastest-growing restaurant management platform has opened a new office in Dublin, Ireland to house a major expansion.

Toast, which has been in Ireland since 2017, will grow its headcount by adding 120 new roles focused on new product development for the company.

The Irish site is the company's first international technology and product development centre globally and since its establishment, the team has grown to over 40 staff members across engineering, development and support roles.

The new office based in Ballast House on Westmoreland Street accommodates over 200 people. Toast says it is now hiring new recruits in software engineering, data analytics, product design and software development.

"The response to placing our first international office in Dublin has been positive and we look forward to growing our presence here. I look forward to expanding our team with talented people and developing products that will be central to Toast's growth in the coming years. Dublin is a recognised technology hub in Europe which makes it the right location for our investment in this great new office," Hugh Scandrett, Toast's Senior Vice President of Engineering, who was in Dublin for the opening, said Wednesday.

Minister for Business, Enterprise and Innovation Heather Humphreys said: "I am delighted that Toast are substantially growing their presence here with 120 new roles being created at their new offices in Dublin. This expansion shows that we continue to have the right skills and talent available to enable exciting companies to grow and further embed their operations in Ireland."

Mary Buckley, Executive Director of IDA Ireland added: "IDA is delighted to support the growth plans for Toast in Dublin and welcomes the additional R&D investment for the technology ecosystem in Ireland. High growth international companies continue to be attracted to Ireland due to the ease of access to a talented workforce.

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, Toast helps restaurants streamline operations. The company was named to the 2019 Forbes Fintech 50, 2019 SXSW Interactive Innovation Finals, 2018 Forbes Cloud 100, and recognized as the third fastest-growing technology company in North America on the 2017 Deloitte Fast 500.

In April the company raised $250 million in Series E funding based on a $2.7 billion valuation, led by TCV and Tiger Global Management with participation from existing investors including Bessemer Venture Partners, Lead Edge Capital and funds and accounts managed by T. Rowe Price Associates, Inc.,

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