ShoeDazzle is a subscription based e-commerce company that was founded by Brian Lee and Kim Kardashian. ShoeDazzle recently raised $40 million from several Silicon Valley investor companies that include Andreessen Horowitz, Polaris Venture Partners, and LightSpeed Venture Partners. Andreessen Horowitz led the round with $30 million and general partner John O’Farrell will join the ShoeDazzle board.

Supermodel and actress Kim Kardashian has passed 5 million Twitter followers on her @KimKardashian account. She reached the milestone this past Monday while she was glued to her laptop. “I couldn’t believe it when it happened. Its such a mind blowing feeling to know so many of you are out there reading my tweets,” said Kim on her blog. Kim has another reason to celebrate: She and her sister Kourtney just signed on for a new reality series called Kourtney and Kim Take New York, starting January 2011. [Us Magazine]

ShoeDazzle.com, a women’s fashion website co-founded by Kim Kardashian has raised $13 million as part of a growth financing round. The lead investor was Lightspeed Venture Partners and previous investor Polaris Venture Partners also participated. ShoeDazzle’s previous round of funding was $7 million. The other co-founder of ShoeDazzle is Brian Lee, who also co-founded LegalZoom.com. ShoeDazzle.com asks users to fill out a survey and based on the answers, the website will recommend you certain shoes to buy from them based on your fashion preferences. [soCalTech]