JustFab Raises $40M More

Los Angeles-based e-commerce site JustFab announced this morning that it has raised another $40M in funding in a Series C funding. The funding was led by Shining Capital, in addition to the company's existing investors. The new funding comes just a few short weeks after the acquisition of ShoeDazzle by JustFab. JustFab provides subscription-based, fashion products, including shoes, handbags, and clothing. JustFab has now raised $149M in funding. The company is reporting it will be just shy of $400M in revenues this year. More information »