Home Decor Flash Sales Site One Kings Lane Raises $40M, On Track For Over $100M In 2011 Sales

Over two million users strong, flash sales site for home d?cor, furnishings and accessories?One Kings Lane, has raised $40 million in new funding from led by Tiger Global Management. ?Institutional Venture Partners and existing investors Kleiner Perkins and Greylock Partners participated in the round, according to a?Wall Street Journal story, which reports that One Kings Lane was valued at $440 million post-investment. This round brings the startup's total funding to over $65 million. One Kings Lane, which was cofounded by Ali Pincus and Susan Feldman in 2009, offers deep, limited discounts on home d?cor, furnishings, accessories, wine, food and gifts. The site competes with Gilt Groupe, and fast growing design marketplace Fab.com.

Source: http://feedproxy.google.com/~r/Techcrunch/~3/jEq5p3ZtsXM/

tribune miley cyrus miley cyrus giant bahamas fop natascha kampusch