Last deal

$500K

Amount

Venture - Series Unknown

Stage

10.04.2012

Date

3

all rounds

$12.5M

Total amount

date founded

Financing round

General

About Company
Internet Broadcasting Systems revolutionizes audience engagement for broadcast media leaders.

Industry

Sector :

Subsector :

Keywords :

founded date

01.01.1996

founders

Number of employees

Company Type

For Profit

Last funding type

Venture - Series Unknown

IPO status

Private

Description

The company provides a SaaS-based web publishing platform, original and syndicated content, and the IB Digital Agency, a digital advertising agency that offers full life-cycle advertising and sales operations. They have a long-term focus on serving local television companies and have worked with leading media companies such as Hearst Television, E.W. Scripps, CNN, The Washington Post Company's Post-Newsweek Stations, and Turner Broadcasting. Headquartered in St. Paul, Minn., Internet Broadcasting Systems was founded in 1996. For more information, visit ibsys.com.
Contacts

Contact Email

Phone number

Social url

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Acquired by

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announced date

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price

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Financials

Funding Rounds
4
3

Number of Funding Rounds

$12.5M

Money Raised

Their latest funding was raised on 10.04.2012. Their latest round Venture - Series Unknown

Date 
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Money Raised 
Lead 
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Co-Investors
Investors
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3

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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 

The MediaVergence Group acquired by Internet Broadcasting Systems

acquirer

Internet Broadcasting Systems
Internet Broadcasting Systems

date

25.07.2000

type

Acquisition

The MediaVergence Group

MediaVergence Group offers "always on" desktop local news.

Sector

Media

Subsector

Publishing

Keywords

News, Advertising

People

Founders
1

Reid Johnson

Reid Johnson's media career began in the early 1970's. At WCCO-Television, the CBS affiliate in Minneapolis, Minnesota, Reid served as a writer, producer, and executive producer. In 1981, he was named News Director, a position he held until 1989. During Reid's tenure the station's news department won every major award for broadcast journalism, including twice winning the Edward R. Murrow award as top news department in the country. In 1989, Reid purchased Alpha Video, an audio/video equipment dealership. Reid and his partner George Johnson (no relation), repositioned the company to become the leading digital dealership in the Upper Midwest. With the advent of the world wide web in the mid 1990's, Reid formed a division of Alpha Video, Internet Broadcasting (IB), that developed a CMS and suite of services that allowed television stations to "put themselves on the web." IB was incorporated in 1997. As Founder and CEO of IB, Reid grew IB into the largest network of television station sites in the U.S. Investors and station partners included Hearst, Washington Post, McGraw Hill, CNN, Meredith, Cox, and NBC. Reid retired in 2008. Reid invested in Godengo in 2009 and served as a Board Member until assuming Chairmanship in June 2011. Godengo's management team all worked with Reid during his tenure at Internet Broadcasting.

current job

Internet Broadcasting Systems
Internet Broadcasting Systems

organization founded

1

Reid Johnson

Employee Profiles
24

Tony Dunaif

Senior VP & General Manager, Local Media Network

Todd Carter

Todd Carter

Chief Technology Officer

David Lebow

President & CEO

Kim Keller

Kim Keller

Senior Director of Sales

Steve Johansen

Chief Financial Officer

Ayme Yaiser

VP, Strategic Marketing & Communications

Ben Grove

Ben Grove

Head, National News Team - St. Paul

Luke Edson

Chief Revenue Officer

Activity

Recent News
0