Sur La Table reaps $14 million in financing

Kitchenware cataloger/retailer Sur La Table has completed a $14 million round of financing. The new funding was raised by the private investment firm Freeman Spogli and Co., and the Behnke family, which bought Sur La Table in 1995.

Seattle-based Sur La Table will use some of the funds to open five more stores this year, and up to 10 stores in 2003. The company will also invest more in its Website, sales of which grew 40% in 2001.