Heat oven to 350°F. Grease 8-inch square pan. Sprinkle 1/3 cup of the sugar evenly in bottom of pan. Arrange cranberries over sugar; sprinkle with 1/3 cup sugar. Cover with foil. Bake at 350°F. for 30 minutes. Remove foil; cool 10 minutes.
Meanwhile, in large bowl, combine all cake ingredients; beat at low speed until moistened. Beat 2 minutes at medium speed. Pour batter evenly over cranberries.
Bake at 350°F. for 40 to 50 minutes or until toothpick inserted in center comes out clean. Run knife around edge of pan; invert onto serving plate, leaving pan over cake for 2 minutes. Remove pan. Serve warm or cool.