Social-shopping company, ShoeDazzle.com, has raised $40 million in a financing round led by venture-capital firm, Andreessen Horowitz, The Wall Street Journal reports. The $40 million adds to the $20 million that the Los Angeles-based company raised from Polaris Venture Partners and Lightspeed Venture Partners.
With the financing, Andreessen Horowitz partner, John O’Farrell, has been appointed to the board of ShoeDazzle. The venture capital firm has also invested in Box.net and Jawbone.
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