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One Kings Lane Secures $40 Million Venture Capital

Tuesday, September 20, 2011 5:53:00 AM PDT | VentureDeal Staff

   San Francisco, California  --  Internet retailer One Kings Lane has landed $40 million in its third round of venture capital funding, according to a company statement.

One Kings Lane runs a website that provides flash sales information for the home accessories, décor and furnishings markets.

Tiger Global Management led the round, which included Institutional Venture Partners and previous investors Kleiner Perkins Caufield & Byers and Greylock Partners.

The company said it would use the financing to expand its business model and continue growing its business.

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