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March 29, 2013By Michael Cader

Bertelsmann Backs Food52, Which Will Partner with Random House

March 29, 2013By Michael Cader

In other social online opportunities, Food52, a social site for cooks founded by Amanda Hesser and Merrill Stubbs in 2009, has closed a $2 million round of financing in which Bertelsmann Digital Media Investments is a significant participant. Among their plans is “expanding our publishing platform through an innovative partnership with Random House Inc.” VP business development at the Crown publishing group Ranjana Wingender says, “We are excited to welcome the Food52 investment as part of the Bertelsmann Family – we at Random House have long considered them a leader not just in food content but also as a community of writers.” […]

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Filed Under: eNews, Finance

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