One Kings Lane Raises $40M

San Francisco-based One Kings Lane, which operates a home-focused, flash sales site, said today that it has raised $40M in a Series C round. The round was led by Tiger Global Management, and included Institutional Venture Partners as a new investor. Prior investors Kleiner Perkins Caufield & Byers and Greylock also participated. The company said that Lee Fixel of Tiger Global Management joins the board as an observer. More information »