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U.K.-based Online Ad Technology Developer Accipiter Raises $2 Million

Authored by Mark Hefflinger on January 14, 2005 - 8:31am.
London -- Accipiter Solutions, a developer of online advertising technology, announced that it has raised $2 million from Frontier Capital in its first round of venture capital financing. London-based Accipiter counts customers in 28 countries, including Freeserve, NineMSN, E! Online and Tiscali, and said over 49 billion ads are served each month using its AdManager and AdBureau services. The company will use the funds to hire additional personnel and for product development.
tags: VC | U.K | Online Ad Technology Developer | Accipiter |