ShoeDazzle Raises $40M

Los Angeles-based, the online shoe buying club headed by Brian Lee, the founder of LegalZoom, has raised $40M in a new funding round. The funding was led by Andreessen-Horowitz, and also included the firm's prior investors. ShoeDazzle, which was co-founded by celebrity Kim Kardashian, sends customers new shoes, jewelry, and handbags each month. The new round brings ShoeDazzle's total funding to $60M. Other backers of ShoeDazzle include Lightspeed Ventures, Polaris Venture Partners, and local SoCal fund Crosscut Ventures.