One Kings Lane, a Los Angeles, CA-based home decor ecommerce company, raised $112m in Series E funding.
According to TechCrunch, the round was led by Mousse Partners with participation from two unnamed institutional investors and current backers Kleiner Perkins Caufield & Byers, Greylock Partners, Institutional Venture Partners, Scripps Networks Interactive and Tiger Global Management.
The round valued the company at $800m pre-money.
Co-fonded by Susan Feldman and Alison Pincus and led by Doug Mack, CEO, One Kings Lane is a flash sales site for the home market, offering members access to designer home decor, furnishings, accessories, and gifts.
The company works directly with home brands to bring products to its members and also partners with designers, decorators and industry insiders to deliver content that inspires and informs.
One Kings Lane is hiring in SF, NYC and LA.
FinSMEs
31/01/2014