San Jose, Calif. – Compass Labs, a provider of targeted
advertising on social networks, has raised $5 million in new financing,
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.