Wednesday, June 18, 2008

Cooking.com Raises $13M

Santa Monica-based Cooking.com said today that it has raised $13M in a new round of venture capital funding. The firm said that the round was led by Azure Capital Partners, and also included venture debt from ORIX Venture Finance. The new funding will go towards expanding the company's business operations, including opening a second distribution facility for the firm in Ohio, and enhancing the company's web site. Azure's Michael Kwatinetz joins the firm's board as part of the funding. Cooking.com operates both its own destination site for buying cooking related items; it also runs web sites for Starbucks, Pillsbury, the Food Network, and others. More information »

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