Compass Labs Secures $6,000,000 New Funding Round
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Feed Type
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Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=6edd31c7-ce41-4918-bfd2-d7eb999d1893&Preview=1 -
Date
2/16/2012 -
Company Name
Compass Labs -
Mailing Address
4320 Stevens Creek Blvd San Jose, CA 95129 -
Company Description
Compass Labs provides advertisers with the technology to reach, engage and convert users on Facebook, Twitter and other social networks. We have developed sophisticated technology that allows us to help advertisers effectively and efficiently reach users with specific purchase intent and/or interests. -
Website
http://www.compasslabs.com -
Transaction Type
Venture Equity -
Transaction Amount
$6,000,000 -
Transaction Round
Undisclosed -
Proceeds Purposes
Compass Labs willleverage the funding to further invest in the Compass Labs IQ (CLIQ)social media advertising platform, increase sales and marketing effortsand expand into international markets. -
M&A Terms
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Venture Investor
New Enterprise Associates -
Venture Investor
Presidio Ventures
