The company plans to use the funds to expand internationally.
Retrevo.com has been helping shoppers discover, evaluate and buy gadgets since 2006.
Los Angeles, CA, November 7, 2012 - Shopzilla, a leader in online shopping, today announced the acquisition of Retrevo.com, a popular and award winning web site for shoppers looking to buy consumer electronics products. Retrevo.com complements Shopzilla’s other web properties, which include Bizrate.com a leading price comparison site and Beso.com, a site for shopping ideas and style inspiration.
Retrevo.com has been helping shoppers discover, evaluate and buy gadgets since 2006. The site offers product reviews, product ratings, editorial recommendations and other product landscape perspectives that inform what, when and where-to-buy decisions. Retrevo.com was recognized as a “Best Website of 2011” by TIME Magazine, and will maintain a presence in Silicon Valley.
“With the addition of Retrevo.com, we will provide shoppers with high quality, comprehensive and focused buying information for consumer electronics products in much the way Beso.com promotes discovery and inspiration in taste-based categories such as apparel and home décor,” said Bill Glass, Shopzilla CEO.
Shopzilla Inc. manages a portfolio of premiere shopping brands in the United States and Europe including Bizrate, a shopping and reseller ratings site, Bizrate Insights a market research and analysis service, Beso an apparel and fashion shopping and advice site. Shopzilla also manages several international shopping sites including PrixMoinsCher and SparDeinGeld. Shopzilla connects shoppers with over 100 million products from tens of thousands of retailers. Reaching a global audience of over 40 million shoppers each month through both its destination websites and affiliate network, Shopzilla is a leading source of sales and consumer feedback for online merchants and retail advertisers. With offices in Los Angeles, San Diego, and London, the company operates sites and business services in the United States, the United Kingdom, France and Germany. Shopzilla, Inc. is owned by Symphony Technology Group (STG).