iBiquity Digital develops AM and FM broadcast technology that transforms today's radio from analog to digital, with radically improved sound and new wireless data services. iBiquity was created in August 2000 by the merger of Lucent Digital Radio and USA Digital Radio. Current investors include 14 top radio U.S. radio broadcasters, including ABC, Clear Channel and Viacom; as well as venture capital firms such as Grotech Capital, J.P. Morgan Partners, New Venture Partners and Pequot Capital.
“Since the late 1990s, the New Venture Partners’ team has been instrumental in evolving iBiquity Digital to the successful, market-changing company that it is today. Their operational guidance and insight with strategic industry partnerships has helped iBiquity bring digital HD Radio technology to AM and FM stations across the country.
-Robert J. Struble, President & CEO, iBiquity Digital