Boston based startup ezCater which provides business catering and online ordering services to bring good food to meetings and business gatherings has now raised a huge $100 million in a newly announced Series E investment round led by Boston based major investor Wellington Management Company and also saw participation from Insight Venture Partners(IVP) and Iconiq Capital.

The company which currently provides its services across the U.S. is making use of this investment for international expansion of its catering services.

This new funding brings the company’s valuation to a huge $700 million with a total of $170 million raised for the company’s operations and expansion.

ezCater prior to this raised a $35 million investment round January last year and has been growing rapidly since its founding 11 years ago.

ezCater is currently led by Stefania Mallett who started the company along with serial entrepreneur Briscoe Rodgers who has started and sold two companies Azuris Software and Lumis Studios, The company was founded in response to the problem of getting quick and easy office meals and with good backing from investors coupled with a scalable and reliable business model, ezCater is earmarked for huge growth in the rapidly growing food delivery space which also counts tech unicorns DoorDash, Deliveroo and Chinese based Meicai as major players.

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