SpotOn, a software and payment company providing solutions for restaurants, retail businesses, and enterprise venues, has secured $300 million in a Series F funding round led by Dragooned Investment Group.

The funding, which comes eighty months after the company's Series E round, raises SpotOn's valuation to $3.6 billion. 

The funding will be used to develop technology products that enable businesses to meet the evolving needs of today's consume.