San Francisco
– PowerReviews, a site that aggregates user-generated product reviews and makes
them available to online retailers, has raised $4.9 million of an anticipated
$9 million round of new funding, PaidContent reported, citing a regulatory
filing.
Founded in 2005, San Francisco-based PowerReviews provides
user-generated product reviews to more than 3,000 online retail clients,
including Orbitz, Staples, REI and Warner Home Video.
The company’s last round
of funding in 2007 was led by Lehman Brothers Venture Partners.
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