Facebook marketing platform�GraphEffect has raised $2 million in financing from LowerMyBills founder Matt Coffin and x+1 president Stephano Kim as well as VC firms Thrive Capital, CrossCut Ventures, Rincon Venture Partners, Founder Collective, Lerer Ventures and Baroda Ventures. GraphEffect helps brands and agencies leverage Facebook for advertising and lead generation purposes. The company, formerly Focused Labs, relies on social performance algorithms to target Facebook ad campaigns, increase user engagement with Facebook fan pages and increase downstream conversions through the Facebook feed. 
Source: http://feedproxy.google.com/~r/Techcrunch/~3/qKuaer5p1wE/
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