Where business news starts in Boise

Where business news starts in Boise.

Tech. co. with Boise office sold to bankrupt radio firm

Jelli, the tech startup hoping to bring internet-like programmatic advertising to radio stations has been sold – and the fate of its Boise office isn’t clear.

iHeartMedia, one of the major investors in the company, has purchased the remaining piece it does not own.

The company brought some of its back office and engineering functions to Boise in 2017, hoping to find employees outside of the saturated Silicon Valley talent pool.

While only the San Jose office is mentioned in the news release, Jelli marketing VP Molly Glover Gallatin says the Boise office on 8th St. will remain open and will be growing.

iHeartMedia owns radio stations around the country and has been in bankruptcy protection for much of this year. The company is formerly known as Clear Channel Communications and once controlled a group of Boise radio stations.

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