Customer review website Reevoo.com has raised Series B funding from its existing investors, bringing total investment in the company to £7 million.
Customer review website Reevoo.com has raised a Series B round of funding from its existing investors.
Eden Ventures, Banexi Ventures and business angel Andrew Phillipps are all participating in the fundraising, which brings total venture capital investment in Reevoo to more than £7 million.
The company, which was founded by Richard Anson in 2005, will use the funding to accelerate growth in Europe, as well as ‘enhancing its social functionality’ for customers.
Reevoo has recently won European deals with manufacturers and retailers including Sony, Toshiba and Kodak, and has partnerships with publishers such as The Telegraph and Future Publishing.
It recently launched a new function for its website which enables shoppers to read reviews in any language.