BizRate.com, a provider of merchant ratings
and information to help shoppers buy confidently online, has secured $20
million in second-round financing.
Venture capital firm Attractor led the second-round financing, which also
included Hambrecht & Quist and strategic investors.
Mission Ventures and Media Technology Ventures, which provided first-round
financing, continue funding BizRate.com.
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wwwbizratecomdesktopcomputersprodPublished Sun 17 Feb 2008 050227 GMT610 .. NSF Web Site News Discoveries Funding Publications Awards Benefits and
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The new financing will fund a national advertising campaign and accelerate
the development of enhanced site features, the company said..
"BizRate.com sits at a critical point in the online buying process and is
trusted by both online buyers and merchants," said Danny Rimer of Hambrecht &
Quist. "We're very pleased to invest in this increasingly powerful player in
the e-commerce arena."
THE 2003 RETAIL BUSINESS MARKET RESEARCH HANDBOOK::
File Format: PDF/Adobe Acrobatbillion, a figure remarkably close to the Census Bureau and released prior to dropped from $20 per online order in 2000 to $12 in 2001.
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"This additional funding will allow BizRate.com to build on its position as
the nationally recognized trustmark for safe, efficient e-commerce, inspiring
confidence in consumers and helping bring e-commerce to the mainstream," said
Farhad Mohit, president and chief executive officer of the company.
CIRCUIT CITY STORES INC (Form: 10-K, Received: 05/10/2004 06:04:11)::
File Format: Microsoft Word - View as HTMLThe fiscal 2004 expenses include costs of $38.4 million related to the closing of 19 Superstores during the year and a $5.9 million benefit resulting from a
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BizRate.com collects direct customer feedback and transactional information
on e-commerce purchases. These buyers represent more than 20 percent of all
online retail commerce. Using the data, BizRate.com provides merchant ratings
and information to help shoppers.
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