SpotOn raises $300M

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SpotOn, a software and payment company with solutions for restaurant and retail businesses, has raised $300 million in Series F funding.

The round was led by Dragoneer, with participation from existing investors Andreessen Horowitz (a16z), DST Global, Franklin Templeton, and Mubadala, as well as new investor, G Squared.

The current funding pegs SpotOn to a $3.6 billion valuation, the company said in a statement.