Accipiter Receives $2 Million Infusion

  • January 12, 2005
Online advertising technology company Accipiter, based in Raleigh, N.C., recently received $2 million from venture capital firm Frontier Capital. Accipiter, which provides technology for online publishers to manage ads, increase targeting capabilities and monitor inventory, plans to use the money for sales and marketing, said company CEO Brian Handly. The company has already hired a new director of marketing and plans to hire ad sales people in New York, Handly said.

-- Wendy Davis

Next story loading loading..