Access 360 Media announces new round of financing

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New York—Access 360 Media, an out-of-home advertising network, has raised a $12 million round of Series C financing led by Columbia Capital.

Additionally, sources close to the company said that investors have committed as much as $50 million to finance acquisitions. Access 360 Media said it operates 20,000 screens in about 100 locations such as sports arenas and shopping malls.

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