20
May
L.A. startup declutters Omni’s storage business
Omni, a San Francisco-based rentals startup, has spun out its storage business and sold it to Clutter.
The acquisition comes on the heels of Los Angeles-based Clutter’s $200 million round of funding earlier this year.
Terms of the deal were not disclosed.
TechCrunch first reported the news, which was confirmed by Omni in a blog post.
Omni started out by helping users rent out their unused stuff rather than letting it sit idle in storage, but the company has since shifted to a model where it…
Source: Arizona Business Journal