Flash Sales Startup One Kings Lane Adds $40M

One Kings Lane has raised $40 million in new financing for its flash sales site for home décor and furnishings. New investors Tiger Global Management led the Series C round. Institutional Venture Partners, Kleiner Perkins Caufield & Byers and Greylock Partners also participated. Lee Fixel, managing director of Tiger Global, will join Greylock’s James Slavet and Kleiner Perkins’ Bing Gordon as observers on the board. One Kinds Lane is based in San Fransisco.

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