Compass Labs Secures $6,000,000 New Funding Round

  • Feed Type
  • 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
  • Venture Investor
    New Enterprise Associates
  • Venture Investor
    Presidio Ventures

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