Tech Company Financing Transactions
iBiquity Digital Funding Round
FirstMark Capital, Grotech Ventures and JPMorgan Partners participated in a $7.5 million venture round for iBiquity Digital. The round was announced on 6/30/2005.
Transaction Overview
Company Name
Announced On
6/30/2005
Transaction Type
Venture Equity
Amount
$7,500,300
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Acquired or Merged
Industry
Enterprise IT
Mailing Address
6711 Columbia Gateway Drive 500
Columbia, MD 21046
USA
Columbia, MD 21046
USA
Phone
Website
Email Address
Overview
iBiquity Digital Corporation has created HD Radio Technology to bring AM and FM radio into the digital 21st century. This breakthrough technology allows digital radio signals to ride the same airwaves as analog AM and FM radio broadcasts, bringing crystal-clear sound from any radio station to the listening public along with new FM audio channels and wireless data services.
Management Team
Title
Name
Email & Social
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We do our best to document all VC transactions involving tech companies. All VC database entries on this site come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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