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Squarespace Buys Tech Startup Tock for $400 Million Plus

  • IPO candidate Squarespace raised funds at $10 billion value
  • Chicago-based Tock works with restaurants on reservations
Updated on

Website-hosting service Squarespace Inc., a $10 billion company that has confidentially filed for an initial public offering, is buying restaurant-services provider Tock for more than $400 million.

Squarespace paid a mix of cash and stock for the Chicago-based company, which provides technology for online reservations, takeout and other services, according to a statement Wednesday obtained by Bloomberg News.