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Cooking.com stirs up $13 million
Bon appetit for Cooking.com: The kitchen appliance retailer announced Wednesday that it has pulled in $13 million in venture funding in a round led by Azure Capital Partners. ORIX Venture Finance also contributed venture debt to the round, and Azure partner Michael Kwatinetz is now on the company's board of directors.
The new cash will be used toward a variety of goals at Cooking.com: expand editorial and social-networking operations on the site (a sound decision when it seems like everyone can't stop talking about Bobby Flay and Mario Batali), opening a new distribution center in Ohio, … Read more
