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HD Radio Developer iBiquity Lands $42.5 Million

Authored by Mark Hefflinger on July 29, 2009 - 7:33am.
Columbia, Md. - iBiquity Digital, the developer of HD Radio technology, has raised $42.5 million from a host of previous investors, the company reported in a filing with the Securities and Exchange Commission (SEC).
tags: Deals | VC | Radio | Music | HD Radio | Clear Channel Radio | Union Square Ventures | iBiquity Digital | New Venture Partners | Radio One | FirstMark Capital | Grotech Ventures | Entercom |