iBiquity Digital Corporation

company

About

IBiquity Digital is a media company that develops an in-band on-channel (IBOC) AM and FM digital radio system.

  • 51 - 100

Details

Last Funding Type
Private Equity(PE)
Last Funding Money Raised
$42.47M
Industries
Broadcasting,Internet Radio
Founded date
Jan 1, 1991
Number Of Employee
51 - 100
Operating Status
Close

IBiquity Digital develops and licenses a digital HD Radio technology for AM and FM audio and data broadcasting in the United States and internationally. Its HD radio technology allows digital radio signals to ride the same airwaves as analog AM and FM radio broadcasts. The company provides a Gigaware Navigation Control HD Radio Receiver accessory and a Gigaware HD Radio application for iPhone and iPod touch users to receive HD Radio FM broadcasts. iBiquity Digital Corporation was formerly known as USA Digital Radio, Inc. The company was founded in 1991 and is based in Columbia, Maryland, with additional offices in Basking Ridge, New Jersey; and Pontiac, Michigan.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$83.47M
iBiquity Digital Corporation has raised a total of $83.47M in funding over 2 rounds. Their latest funding was raised on Jul 20, 2009 from a Private Equity(PE) round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Jul 20, 2009 Private Equity(PE) $42.47M 2 Detail
May 9, 2000 Series Unknown $41M 1 Detail

Investors

Number of Lead Investors
Number of Investors
3
iBiquity Digital Corporation is funded by 3 investors. Texas Instruments and Ford Motor are the most recent investors.
Investor Name Lead Investor Funding Round
Texas Instruments Private Equity(PE)
Ford Motor Private Equity(PE)
H&Q Venture Capital Series Unknown