Compass Labs Gets $1 Million for Search, Social Media Product

Authored by Mark Hefflinger on September 28, 2009 - 6:09am.
Cupertino, Calif. - Compass Labs, a start-up founded by former Google and Yahoo executive Dilip Venkatachari, has raised $1 million of an expected $1.1 million round of financing, PaidContent reported, citing a regulatory filing.

Investors included New Enterprise Associates, where Venkatachari served a stint as entrepreneur in residence.

Cupertino, Calif.-based Compass Labs, currently in stealth mode, is developing a search- and social media-related product.

 

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(PaidContent)

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