More Money For Product Reviews; PowerReviews Lands $15 Million
On the heels of Bazaarvoice raising an $8.8 million series B, competitor PowerReviews has just raised $15 million, adding to the $6.25 million they raised in late 2005. The round was led by Lehman Brothers Venture Partners along with current investors Menlo Ventures and Draper Richards.
Since its launch in April 2007, the number of reviews and products offered on Buzzilions.com has tripled. Today, the site offers more than 400,000 reviews on 125,000 products from over 1,000 ecommerce sites.