Cooking.com raises $13M from Azure Capital Partners
Cooking.com, the Santa Monica, Calif.-based shopping site for cooking supplies, has raised $13 million of venture funding from Azure Capital Partners and venture debt from ORIX Venture Finance.
The company’s technology also powers the shopping at four other sites — StarbucksStore.com, BettyCrockerStore.com, PillsburyStore.com and FoodNetworkStore.com. Cooking.com executives plan use the funding to add other sites to that list, increase the social networking capabilities on those sites and open a second distribution facility in Ohio.
Cooking.com was founded in 1998.
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About the Author, Anthony Ha
Anthony is a senior editor at VentureBeat, as well as its reporter on media, advertising, and social networks. Before joining the site in 2008, Anthony worked at the Hollister Free Lance, where he won awards from the California Newspaper Publishers Association for breaking news coverage and writing. He attended Stanford University and now lives in San Francisco. Reach him at anthony@venturebeat.com. (All story pitches should also be sent to tips@venturebeat.com) You can also follow Anthony on Twitter.
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