South Woodstock, Vermont — Vermont Farmstead Cheese Company announced today that it has closed on its $2.5 million Series A Preferred Stock financing round, bringing total funds raised to date to $3.1 million. Proceeds from the financing have been used to retire a mortgage on the Company’s property in South Woodstock, Vermont and improve and expand its operations. Although the Company has only been producing cheese since January 2010, Vermont Farmstead Cheese Company products are now sold in 168 stores in six states and have earned 11 awards in four separate national cheese competitions since June 2011.
Vincent Galluccio, Chairman of Vermont Farmstead Cheese Company, stated “Completing this round of financing is yet another in a long list of milestones we have accomplished in a very short period of time. With these secured funds we can focus on expanding our market presence and growing our revenues.”
About Vermont Farmstead Cheese Company:
The Vermont Farmstead Cheese Co. is an artisanal cheese and dairy facility in South Woodstock, Vermont. The company was conceived and founded as a community based effort to preserve the rural way of life in South Woodstock. Follow the Vermont Farmstead Cheese Company on Facebook and at www.vermontfarmstead.com. For more information, please call 802-457-9992 ext.13 or email sharon@vermontfarmstead.com.
Source: Vermont Farmstead Cheese Company