What is Radiate Media?
Radiate Media specializes in the collection and dissemination of traffic information across audio and video formats, serving over 2,000 television and radio stations. Since its independent formation in 2011, building on innovations dating back to 1998 as Traffic.com, the company has developed sophisticated traffic solutions. These solutions leverage real-time data from over a hundred sources, including road sensors and traffic cameras, to provide viewers with timely information aimed at saving time, fuel, and reducing frustration. Radiate Media also facilitates premium advertising placements for over 6,000 local merchants and national advertisers.
How much funding has Radiate Media raised?
Radiate Media has raised a total of $36.1M across 6 funding rounds:
Series A
$1.3M
Unspecified
$600K
Unspecified
$531K
Unspecified
$4.2M
Series B
$22M
Unspecified
$7.5M
Series A (2009): $1.3M, investors not publicly disclosed
Unspecified (2009): $600K led by Kickstart Seed Fund and Crescendo Venture Management, LLP
Unspecified (2010): $531K supported by vSpring Capital and Crescendo Venture Management, LLP
Unspecified (2011): $4.2M featuring vSpring Capital and Crescendo Venture Management, LLP
Series B (2011): $22M backed by Level Equity, Greycroft Partners, and vSpring Capital
Unspecified (2012): $7.5M with participation from Crescendo Venture Management, LLP and vSpring Capital
Key Investors in Radiate Media
vSpring Capital
Run Ventures is an investment firm focused on backing early-stage SaaS and technology breakthroughs. The company aims to support innovative startups in the tech sector. Their portfolio includes a range of promising ventures that are poised for growth. Run Ventures is dedicated to helping entrepreneurs succeed in their endeavors.
Crescendo Venture Management, LLP
Crescendo Ventures is a globally focused venture capital firm that provides early-stage funding and growth resources to high-potential companies. By collaborating with entrepreneurial teams to grow market-leading companies, Crescendo Ventures uses its industry expertise, team-based development model and global network to help high-growth companies achieve their full potential. Founded in 1993, Crescendo Ventures manages more than $1 billion from its headquarters in Palo Alto, California.
Level Equity
Level Structured Capital is a private investment firm. It focuses on rapidly growing software and technology-driven businesses. The company is headquartered in New York, New York.
What's next for Radiate Media?
The company's history of consistent capital raises, culminating in a major strategic investment, indicates a trajectory of scaling and market expansion. This enterprise-level funding is likely to fuel further development of its data analytics capabilities and broaden its reach within the broadcast and advertising industries. Radiate Media is well-positioned to capitalize on the increasing demand for real-time, localized information services.
See full Radiate Media company page
