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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, d├ęcor 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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