Western Technology Investment Backs Livio Radio
August 9, 2011 at 8:00 AM (PT)
LIVIO RADIO, manufacturer and developer of car Internet radio products and services, has entered into an investment agreement with WESTERN TECHNOLOGY INVESTMENT (WTI). LIVIO RADIO Founder/CEO JAKE SIGAL said the deal will provide additional growth capital and will support the continued development of the company's exciting line-up of car Internet radio products, including the LIVIO Car Internet Radio app for iPHONE and ANDROID, The Bluetooth Internet Radio Car Kit and LIVIO Connect API.
"It's an honor to work with seasoned investors who've worked with companies like FACEBOOK and GOOGLE in their early days," said SIGAL. "We have a superstar board and team of investors committed to making sure LIVIO RADIO wins at car Internet radio. Working with WESTERN TECHNOLOGY INVESTMENT is great for everyone involved."