March 8, 2012 | last updated June 1, 2012 1:05 pm

CT online music firm nabs $150K in state financing

Connecticut Innovations, the state's quasi-public authority responsible for technology-investment, is providing $150,000 in financing to a Glastonbury firm that has created an Internet-based streaming music platform.

Raditaz LLC will use the financing to advance its product development and marketing activities. The company has secured required matching funds from an individual investor.

The company's streaming music platform will be accessible across a variety of devices including computers, smartphones, tablets, Internet-enabled televisions, automobile dashboards, and audio equipment.

It will also allow listeners to customize the music they listen to, create their own custom stations, rate songs, "like" songs and/or stations across social networking sites, and share stations or individual songs with friends via e-mail, Twitter and Facebook. Additionally, Raditaz's location layer lets users see stations that are trending in geographic areas throughout the United States.

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