Cooking.com Gets $13.5M
Marina del Rey-based Cooking.com has raised $13.5M in a debt and preferred equity round of funding, according to investment firm BIA Digital Partners II, LP. BIA said that the round also included primary equity backer Azure Capital Partners. The funding will go towards growth of the company's flagship site, as well as build out of its e-commerce and enterprise products. Damien Dovi of BIA joins the company's board as an observer. Cooking.com is recent years has focused on powering white label, branded websites such as Rachael Ray Store, Paula Deen Store, Calphalon Store, Betty Crocker Store, Pillsbury Store, and others.
posted on Tuesday, December 6, 2011 (Link to more information)
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