Compass Labs Finds $6M

San Jose-based Compass Labs, a developer of software for managing social media advertising, said this week that it has raised $6M in a funding round. The round came from New Enterprise Associate sand Presidio Ventures. Compass Labs is led by Dilip Venkatachari. Compass Labs' software helps brands better target and understand their customers on social networks, via ad campaign management tools and analytics. More information »