February 21, 2020

Subscription Furniture Service Feather Raises $30M to Fund Expansion

Forget furniture rentals of the past with their heavy chrome and faux leather features. Feather, a new type of subscription furniture rental service with a modern sense of style, has just raised $30 million to fuel its expansion, reports Interior Design. The Series B funding round was led by Cobalt Capital and included participation from previous investors including Spark Capital, Kleiner Perkins, Bain Capital Ventures, Y Combinator, SV Angel, PJC, Fuel Capital and others. This brings the total equity funding raised to date to $46 million.

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illustration of the number five, representing the five subscription business topics for this column, Five-on-Friday

Five on Friday: Goal Setting, Guidelines and Global OTT

Happy Friday, everyone! Knee deep in presidential debates and caucuses, we hope you are ready for a productive distraction with our Friday features. In this week’s edition, we look at the global OTT market and its projected growth over the next five years. Also, the FTC is reviewing influencer and sponsored content guidelines, the Association of National Advertisers has a mixed reaction to the proposed privacy rules in California, Patreon is lending money to creators for big projects, and Shopify shares five tools for helping you achieve your 2020 goals.

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