San Jose, Calif. – Compass Labs, a provider of targeted
advertising on social networks, has raised $5 million in new financing,
TechCrunch reported.
Investors included New Enterprise Associates, Triple Point
Capital, Jim Clark and Mike Ramsay.
San Jose, Calif.-based Compass Labs aims to
serve targeted display ads on Twitter and other social services in real-time.
The company previously raised $1 million, and launched at the TechCrunch Disrupt
conference two months ago.
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(TechCrunch)
