Total amount raised
$130.5 Million
Latest funding date
11/1/2012
Location
Bazaarvoice has successfully raised funding over five rounds, with the latest being a Post-IPO Equity round. The company is backed by five investors, including Constantin Partners and Battery Ventures.
Keep reading to explore the intricacies of Bazaarvoice's fundraising journey and the investors backing this innovative platform.
What Is Bazaarvoice?
Bazaarvoice, headquartered in Austin, Texas, operates in the analytics, content, e-commerce, SaaS, and social media industries. The company employs between 1001 and 5000 people and has been acquired by Thomas H. Lee Partners.
Specializing in user-generated content (UGC) platforms, Bazaarvoice helps brands capture, analyze, and act upon social data to enable authentic customer-powered marketing. Their platform supports authentic ratings, reviews, and visual content, driving ecommerce growth for over 13,000 brands and retailers.
How Much Funding Has Bazaarvoice Raised?
- Series A
- Amount Raised: USD 4,000,000
- Date: May 2006
- Lead Investors: Austin Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To develop and launch their user-generated content platform.
- Series B
- Amount Raised: USD 8,800,000
- Date: September 2007
- Lead Investors: Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To expand their market reach and enhance platform capabilities.
- Series C
- Amount Raised: USD 7,100,000
- Date: June 2008
- Lead Investors: Austin Ventures, Battery Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To provide brands with more advanced consumer-generated content options.
- Post-IPO Equity
- Amount Raised: USD 103,938,965
- Date: June 2012
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To raise additional capital for expansion and strategic acquisitions.
- Post-IPO Equity
- Amount Raised: USD 6,713,698
- Date: November 2012
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To support ongoing growth and product development.
Total Amount Raised: USD 130,552,663. Current Valuation: Not publicly disclosed.
Key Investors
- Austin Ventures
- Details: Austin Ventures is a venture capital firm based in Austin, Texas. They have a strong presence in the early-stage and growth-stage investment landscape.
- Investment Focus Areas: Technology, consumer, business services.
- Notable Investments: HomeAway, RetailMeNot, SolarWinds.
- Battery Ventures
- Details: Battery Ventures is a global investment firm focused on technology and innovation-driven companies. They have a history of investing in high-growth sectors.
- Investment Focus Areas: Software, IT infrastructure, industrial technology.
- Notable Investments: Nutanix, Coupa Software, Glassdoor.
- Constantin Partners
- Details: Constantin Partners is an investment firm known for its strategic investments in various industries. They focus on long-term growth and value creation.
- Investment Focus Areas: Not publicly disclosed.
- Notable Investments: Not publicly disclosed.
What's Next for Bazaarvoice?
With the recent influx of $7.1 million, Bazaarvoice is poised to expand its consumer-generated content technology, attracting more big-name clients like Dell and Petco. This significant opportunity for growth is bolstered by industry trends favoring user-generated content for brand engagement.
Future fundraising efforts could focus on scaling technology and expanding the client base, potentially drawing additional rounds from existing and new investors. However, challenges such as competition and maintaining data privacy standards may arise as the company navigates this growth phase.
Use Clay to Get Funding Data
Sales professionals, leverage Clay’s platform to access comprehensive fundraising data on companies like Bazaarvoice and gather other critical business insights. Sign up for free to start transforming your sales strategy today.
