Compass Labs Secures $6M In Funding

[Techtaffy Newsdesk]

Compass Labs has secured $6 million in funding from New Enterprise Associates (NEA) and Presidio Ventures. Compass Labs plans to utilize this Series B funding to expand internationally by year-end. Compass Labs will further invest in the Compass Labs IQ (CLIQ) social media advertising platform, says the company.

Dilip Venkatachari (Co-founder and CEO, Compass Labs): This new area of social media intelligence will introduce new players, new data sets and new customer behavior metrics.

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Bipsync Raises $1.5M

Bipsync, a research automation platform for investment professionals, has closed a $1.5 million round of seed financing. Investors in the round include Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of, and Steadfast Venture Capital.