One Kings Lane announced Friday that it has raised $23 million from new investors Greylock Partners, TriplePoint Capital and Google executive Marissa Mayer. Existing investors include Kleiner Perkins Caufield & Byers (KPCB), First Round Capital and LinkedIn founder Reid Hoffman.
Greylock partner James Slavet joins Bing Gordon of KPCB as observers to the One Kings Lane board of directors, which includes Aileen Lee, partner at KPCB; One King Lane founders Susan Feldman and Alison Pincus, wife of Zynga CEO Mark Pincus; and CEO Doug Mack.
Since its launch in March 2009, the site has enjoyed continued increase in sales, which have risen more than 500% year after year, with over 75% from repeat customers.
News categoriesAll News >
Meet Claste, the collectible Canadian furniture brand
Designer and founder of Black Interior Designers Network Kimberly Ward has passed
Remodelista and Gardenista announce Considered Design Award winners
Tour Traditional Home's Hampton Designer ShowhouseShowhouses | 5:28Tour Traditional Home's Hampton...
Tour 8 designer vignettes at the White PartyTrade Shows | 5:45Tour 8 designer vignettes at the...
- The Scene
- Tag Sale
- In Print