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