Tech Company Financing Transactions
Intersection Funding Round
On 11/8/2017, Intersection raised $150 million in financing from Graham Holdings, ArrowMark Partners and NewSpring Capital.
Transaction Overview
Company Name
Announced On
11/8/2017
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Graham Holdings (Lead Investor) (Timothy O'Shaughnessy)
NewSpring Capital (Marc Lederman)
Proceeds Purpose
Intersection will use the funding to bring the highly-successful and fast-growing Link product and other smart city technologies to cities and transit systems around the world, accelerate the digitization of its existing media asset network in top U.S. DMAs, and develop the next generation of its technology platform.
Company Information
Company Status
Private & Independent
Industry
Telecom
Mailing Address
10 Hudson Yards 26th Floor
New York, NY 10001
USA
New York, NY 10001
USA
Phone
Website
Email Address
Overview
At Intersection, we are at the forefront of the smart cities revolution.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
Daniel Doctoroff
Chief Executive Officer
Ari Buchalter
Chief Financial Officer
Craig Abolt
Chief Marketing Officer
Dafna Sarnoff
Chief Operating Officer
Christopher Grosso
President
Scott Goldsmith
VP - General Counsel
Allison Hoffman
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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