Austin Radio Host Secures $2 Mill For App

4-24-15

J.B. Hager, morning show host of Classic 105.3 (K287FG/KTXX-HD4) in Austin, is part of a development group that has created the video-sharing app Ferris. Hager and his team have now secured $2 million in funding from Upfront Ventures and Allen DeBevoise, according to the Austin Business Journal. The app can be used to merge different videos from the same occasion into one video.

Hager was part of Austin's famous J.B. & Sandy morning show, a partnership that lasted 20 years, before dissolving earlier this year. The Ferris app was developed in 2014, when Hager and on-air partner Sandy McIlree were between radio jobs.

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Radical.FM Secures Second Round of Funding

12-16-2011

The company didn't say how much money it raised but it will be enough to upgrade the Radiocal.FM platform technology. The second round of financing will be used to complete development of a new HTML5 player for its streaming music services Radical.FM and Radical Indie, expected to launch in early 2012. Mobile apps and the DeeJay? functionality will also be finished.

Radical Founder and CEO, Thomas McAlevey said ?I am personally flattered that despite entrenched competition and a faltering economy the offering was over-subscribed. The Company?s owners appreciate the game-changing potential of Radical. Our Beta phase has given tremendous feedback, and this influx of capital will insure the rollout of our full service with a revised HTML5 player on schedule.?

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