Rap Genius, a site where lyrics, news and literature can be talked about and explained for better understanding, has raised $40 million in a financing led by Dan Gilbert, founder of Quicken Loans and owner of the Cleveland Cavaliers, and participated in by Andreessen Horowitz. The company also announced its name change to Genius. Its previous round of financing came in late 2012 when it raised a Series A of almost $17 million at a valuation of $67 million, which was led by Andreessen. After starting out as a crowd-sourced annotation site of rap lyrics, the site has grown into a place where new stories, historical documents and speeches, sports columns and lyrics from other music genres can all be annotated to explain meaning. Certain words, phrases or paragraphs can be highlighted and explained by any user, and others can scroll over the annotations to gain a better understanding of what the author or artist was trying to convey.