Menlo Ventures Acquires PowerReviews by Bazaarvoice

May 29, 2012

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.