iBiquity Digital raises yet another round to fuel HD Radio ambitions
Getting HD Radio off the ground isn’t easy. People are still wed to AM/FM radio. And HD Radio faces tough competition from iPods, music on mobile phones, and satellite radio. But iBiquity Digital is laboring to get HD Radio adopted.
The Columbia, Md., company is in the process of raising a $15 million fourth round of venture capital, VentureBeat has learned.
Investors include Grotech Partners in Timonium, Md.; J.P. Morgan in New York; New Venture Partners in… Continue Reading