Reevoo Raises Funds

Reevoo, the online customer review start up, has raised a Series B funding from its existing investors Eden Venture, Banexi Ventures and Andrew Phillipps. According to TechCrunch, the terms of the funding haven’t been disclosed, however, it is known that the expansion capital will be used to grow across Europe. Unlike websites Amazon.com AMZN and Ciao, which review products, only Reevoo confirms that the product has been bought before reviewing it. The company claims it has over 1 million reviews from verified purchasers across 75,000 electronic products, displayed over 60 million times per month. Reevoo in association with Sony recently launched a functionality that enables shoppers to read reviews in any language. The company now supports over 180 retailers, publishers and manufacturers across Europe, including Tescos, Orange, Dixons, Hotpoint, Sharp, and Toshiba amongst others.
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