One Kings Lane Lands $23,000,000 Series B Financing

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a296cea8-8ee3-4f9b-9f97-4e945a37197a&Preview=1
Date
2/11/2011
Company Name
One Kings Lane
Mailing Address
Undisclosed San Francisco, CA 94105
Company Description
The company operates a website that provides flash sales information for the home decor, furnishings and accessories market.
Website
http://www.onekingslane.com
Transaction Type
Venture Equity
Transaction Amount
$23,000,000
Transaction Round
Series B
Proceeds Purposes
Mack says the capital will be used for three things: Accelerating the growth of its membership base, expanding the catalog of merchandise and scaling customer service as its membership grows.
M&A Terms
Venture Investor
Kleiner Perkins Caufield & Byers
Venture Investor
Greylock Partners
Venture Investor
Triple Point Capital