Cooking.com Receives $13.5 Million In Funding
Things look to be ‘cooking’ nicely with Cooking.com as the company has managed to raise a significant amount of funds to go towards the growth of its operations.
According to reports, Cooking.com was aided in its funding bid by BIA Digital Partners, along with San Francisco-based VC firm Azure Capital Partners. Both helped to secure what looks like a mix of debt and equity financing and the total raised is a reported $13.5 million. The money will be used to grow Cooking.com and the eCommerce platform that the company is using to spread its influence in the home and kitchen appliances industry.
As a company, Cooking.com has been quite a survivor, having been founded in 1998. Growth has been steady throughout the years and the company now caters to over 60,000 customers. Areas of service include products for the kitchen, recipes, menus, collections and in the last few years, a growing library of crowd-sourced cooking content.
Cooking.com is one of those enterprises that will be around for as long as its run properly. This is due largely to what it offers and since ‘cooking’ is an integral part of our lives, I suppose we can expect even bigger things now that the company has had some serious funding.
Do you use Cooking.com to source recipes and menus? Share your experience with the website below?
(Source: sitetrail.com)
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