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PowerReviews Receive $15 Million for Customer Reviews Service
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PowerReviews Receive $15 Million for Customer Reviews Service
September 14, 2007
PowerReviews received $15 Million from Lehman Brothers Venture Partners, Menlo Ventures and Draper Richards.
What does PowerReviews do?
PowerReviews provides product research through online customer reviews.
VCU says:
PowerReviews is a solutions company that provides customer reviews and social merchandising solutions. They have implemented their service on a site they own called Buzzillions.
Buzzillions launched in April 2007 and the number of reviews and products offered has tripled since then. Now in September 2007 the site offers more than 400,000 reviews on 125,000 products from over 1,000 ecommerce sites. Reviews on every type of product are available to consumers, with more than 1,100 new products added every day.
The idea is the reviews are written by other consumers in their own words. Thereby hopefully making the reviews more useful and reduces the portals overhead to create thousands of reviews a day.
The customers of the technology include Staples, ToysRus, Ace Hardware, Ritz Camera, The Sports Authority, and according to their website hundreds more.
See the corporate site PowerReviews Here, or their portal Buzzillions Here.
Founders:
NA
Funders:
Read more about Lehman Brothers Venture Partners here
Read more about Draper Richards here
Read more about Menlo Ventures here
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PowerReviews Receive $15 Million for Customer Reviews Service
- 0 Comments... What do you have to say?
PowerReviews Receive $15 Million for Customer Reviews Service. PowerReviews received $15 Million from Lehman Brothers Venture Partners, Menlo Ventures and Draper Richards. PowerReviews provides product research through online customer reviews.
PowerReviews is a solutions company that provides customer reviews and social merchandising solutions. They have implemented their service on a site they own called Buzzillions.
Buzzillions launched in April 2007 and the number of reviews and products offered has tripled since then. Now in September 2007 the site offers more than 400,000 reviews on 125,000 products from over 1,000 ecommerce sites. Reviews on every type of product are available to consumers, with more than 1,100 new products added every day.
The idea is the reviews are written by other consumers in their own words. Thereby hopefully making the reviews more useful and reduces the portals overhead to create thousands of reviews a day.
The customers of the technology include Staples, ToysRus, Ace Hardware, Ritz Camera, The Sports Authority, and according to their website hundreds more.
Funding
Funding Total: $0
| Round | Date | Amount | Pre Amount | Post Amount |
|---|---|---|---|---|
| A | 09/2007 | $0 | – | – |
| Investors: Lehman Brothers Venture Partners, Draper Associates, Menlo Ventures | ||||
Founders
- Posted in: Funding
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