Intersection Closes $150 Million
November 8, 2017
5:37 pm
Credit: intersection.com
Digital media technology company Intersection announced it has raised $150 million in financing, led by Graham Holdings. NewSpring Capital and ArrowMark Partners also participated.
Intersection’s flagship product, LINK, is a piece of modern street furniture that provides connectivity and digital services such as high-speed Wi-Fi, free phone calls, interactive tablet for local search, wayfinding, civic services, and commercial apps, as well as two 55” digital displays for advertising, community messaging, and real-time hyperlocal information.
