Place Exchange Raises $20 Million to Support Spinoff From Intersection

The digital out of home platform is also expecting a ‘triple digit’ lift from the emerging return of OOH activity

After its industry struggled through a socially-distant year where fewer people than usual encountered outdoor billboards and digital displays, out of home ad sales platform Place Exchange is prepping for a spark of triple-digit growth by closing a $20 million series A funding as it prepares for its new status as a standalone company.