Wednesday, January 2, 2008
Cooking.com Raises $7M In Venture Debt
Santa Monica-based Cooking.com said this morning that it has raised $7M in a venture debt loan from ORIX Venture Finance. The firm, which operates an online e-commerce site for kitchen supplies, said that the funding would be used to expand its operations, enhance its community content, and accelerate its private label online programs. Cooking.com operates its own food-related online store, along with sites for the Food Network, Pillsbury, Betty Crocker, and Starbucks. According to Cooking.com, it was advised by the DiBari Group in the deal.