|[August 20, 2014]
HearHere Radio Inc. Raises $1.7 Million in Convertible Notes
CHICAGO --(Business Wire)--
HearHere Radio Inc., the company behind Rivet News Radio, announced
today that it has raised to-date $1.7 million in Convertible Promissory
Notes. The investors include The Associated Press (News - Alert), A.H. Belo Management
Services, Whittier Ventures, Ringleader Ventures, individual backers
including Chicago venture capitalist Steve Miller, employees, family and
The company's core product Rivet Radio provides a personalized listening
experience to smartphone users. With a foundation in traditional radio
news storytelling, Rivet's in-house, veteran news team develops news
content and creates original programming. In addition, Rivet's audio
offerings include stories from trusted media outlets such as the
Associated Press, Chicago Public Media, and Crain's Chicago Business.
"Our team is proud to be funded by this trusted group of investors," CEO
John MacLeod said. "Not only are we using these funds to bring smart
audio news to more people, we're working diligently to optimize
proprietary technology that better understands listeners' interests and
delivers them exactly the news they care about."
MacLeod leads his team with broad and deep business experiences spanning
technology, media and entertainment. Previously he acted as an executive
vice president at NAVTEQ (News - Alert), in addition to years at Sony Pictures
Entertainment and The Walt Disney Company. MacLeod holds an MBA from
Stanford University and a BA from Harvard University.
For more information on HearHere Radio and Rivet Radio, visit www.rivetnewsradio.com.
About HearHere Radio
HearHere Radio Inc. is building a news radio experience for today's
mobile consumer. The company's flagship app, Rivet News Radio, is
designed to deliver personalized local, national and world news directly
to smartphone users. The Rivet app is currently available for the iPhone (News - Alert)
and can be downloaded here.
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