secures $7 million funding

cooking secures $7 million, a privately-held internet marketplace and community for the kitchen, announced that it has entered into a $7 million loan agreement with ORIX Venture Finance. The venture debt credit facilities will be used by to expand operations, enhance its community content, and support continued acceleration of its private label online programs.

“We are very excited about establishing a long term relationship with ORIX and believe the company will be the ideal financing partner to help us achieve our growth goals in 2008 and beyond,” commented Tracy Randall, Founder and President.

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