One Kings Lane gets $112 million in new funding

SAN FRANCISCO — Online retailer One Kings Lane confirmed it has raised $112 million in a round of new funding led by the private equity firm Mousse Partners.

The retailer said Charles Heilbronn, chairman of Mousse Partners and an experienced retail executive, is joining the company's board of directors.

The retailer said two other institutional investors, whom it did not identify, also participated in the latest round of funding, as did existing investors Scripps Network Interactive, Kleiner Perkins, Greylock Partners, IVP and Tiger Global Management.

 

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Furniture Today covers all the news concerning manufacturers, retailers and suppliers in the home furnishings sector.

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