Menlo Ventures Acquires PowerReviews by Bazaarvoice

May 29, 2012


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Menlo Ventures, an investor in consumer and enterprise technology companies, has announced that its portfolio company, PowerReviews, has agreed to be acquired by Bazaarvoice. PowerReviews Is a social commerce company that allows customers to share their insights on brands while Bazaarvoice, a software-as-a-service company, offers social commerce solutions to retailers and brands. 

The deal to acquire PowerReviews was for approximately $150 million dollars while the deal meant that Menlo saw a return of three times its investment.

(www.menlovc.com, www.bazaarvoice.com)