Compass Labs Raises $4.0M

San Jose-based Compass Labs, a stealth-mode, social media advertising targeting firm, has raised $4.0M as part of a $5.0M funding round, according to a regulatory filing from the firm this week. Source of funding was not disclosed, however, the firm has previously raised funding from New Enterprise Associates. Compass Labs was founded by Dilip Venkatachari, a former Google employee. More information »