News Brief
Retrevo Raises $8 Million In Second-Round Financing
Mar 21, 2008, 7:00 AM
Consumer electronics search site Retrevo has raised $8 million in a second-round venture financing led by Alloy Ventures and Norwest Venture Partners. The capital will be used to fund product development, new partnerships and consumer marketing efforts.
Started in 2005, Retrevo aims to simplify consumer electronics shopping by centralizing product reviews, manuals, price comparisons, and links to online retailers. The company relaunched its site just before the 2007 holiday season, adding features such as overall value and "community" ratings based on professional and user reviews.
In announcing the funding Thursday, Retrevo said it had quadrupled its number of users during the last year. The startup has raised a total of more than $12 million to date.
--Mark Walsh
Recent Online Media Daily Articles
-
AOL, Support.Com Settle Scareware Lawsuit For $8.5 Million May 20, 5:20 p.m.
Web company AOL and software vendor Support.com will pay $8.5 million to settle a lawsuit brought ... -
Gmail Hangouts Disable Google Voice May 20, 3:23 p.m.
Google's new version of Hangouts for Gmail eliminates Google Voice features. The move is frustrating heavy ... -
Digital Boost: Ziff Davis Acquires NetShelter May 20, 3:19 p.m.
Ziff Davis on Monday announced the acquisition of content network NetShelter from ad platform inPowered. Financial ... -
LikeableAds.com Launches, Focus on Social Media Ads May 20, 3:04 p.m.
To keep up with growing demand from Madison Avenue, the social marketing consultants at Likeable Media ... -
Yahoo To Ramp 'Native' Ads On Tumblr May 20, 1:37 p.m.
With its $1.1 billion acquisition of Tumblr, Yahoo on Monday made clear it plans to allow ... -
Gigya Improves Marketing, Adds 21 Social, Tech Partners May 20, 9:15 a.m.
Social services startup Gigya on Monday is expected to announce the addition of 21 social and ... -
Health/Wellness Shop Diversifies Into Happiness, Launches Platform To Fuel It May 20, 9:06 a.m.
The CementBloc, a spunky New York-based agency specializing in health and wellness marketing, is diversifying into ... -
Yahoo To Buy Tumblr For $1.1 Billion May 19, 7:26 p.m.
The Yahoo board has agreed to acquire popular blogging site Tumblr for $1.1 billion in cash, ... -
Weather.com Develops Real-Time Data Ad Targeting May 17, 5:12 p.m.
Weather.com has begun using audience segmentation data from Lotame to develop real-time targeting services based on ... -
MetroPCS Drops Challenge To Neutrality Rules May 17, 4:44 p.m.
T-Mobile's newly acquired MetroPCS withdrew its challenge to the Federal Communications Commission's net neutrality rules on ...
Be the first to comment on "Retrevo Raises $8 Million In Second-Round Financing"
Leave a Comment