One Kings Lane earns $112 million in Series E funding
Home Accents Today Staff -- Home Accents Today, January 31, 2014
Stepping up its presence among online home furnishings retailers, One Kings Lane has raised $112 million in Series E funding.
The latest funding puts the company's value at nearly $1 billion and the company's total funding to date at $229 million, according to published reports.
Launched in 2009, One Kings Lane has evolved from its origins as flash-sales site for home into a curated home décor marketplace, co-founder Susan Feldman told Home Accents Today sister publication Home & Textiles Today late last year. She said in early 2014, One Kings Lane will launch Hunters Alley, a marketplace for premium used furnishings and décor.
The funding round was led by Mousse Partners, whose chairman Charles Heilbronn would join its board, the report said.
Uttermost and Surya at the Dallas Market Center