According to TechCrunch, Delivery Hero, a Berlin, Germany-based provider of online and mobile food ordering technology for restaurants and consumers, raised $85m in Series E financing.
The round was led by Luxor Capital Group, with participation from unnamed existing investors.
The company, which has now raised approx. 285m, intends to use the funds to accelerate growth in its existing markets and continue to expand its market position.
Led by Niklas Östberg, CEO, Delivery Hero is a worldwide network of online food ordering sites with about 60,000 restaurants connected to its service. The company, which operates in Germany, UK, Sweden, Finland, Poland, Austria, Denmark, Russia, Australia, Switzerland, South Korea, China, Mexico and India, has more than 700 employees around the world with 300 staff working from its Berlin headquarters, where it is is massively hiring.
Investors in Delivery Hero include Insight Venture Partners Kite Ventures, Team Europe, ru-Net, Tengelmann Ventures, Holtzbrinck Ventures, Point Nine Capital and Phenomen Ventures.
FinSMEs
24/04/2014