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August 26, 2011 06:13 pm GMT

Customer Reviews And Social Commerce Platform Bazaarvoice Files For $86M IPO

bazaarvoiceAnother day, another technology company files for an IPO. After Jive and Angie's List, customer reviews company Bazaarvoice has filed its S-1 with the SEC today. The company aims to raise as much as $86.25 million in its offering. The Austin, TX- based Bazaarvoice, provides a SaaS that powers customer reviews platforms and other social commerce features on brand web sites like Best Buy, Blue Shield of California, Costco, Dell, Macy's, P&G, Panasonic, and QVC. The company serves as a online reviews engine of sorts, aggregating customer reviews from the web, Facebook, Twitter and other social platforms. The company also syndicates retailer's product reviews to shopping comparison engines. To date, Bazaarvoice has raised $20 million in funding from Battery Ventures, First Round Capital and others.

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