Hi,
I also encountered this exact issue after upgrading (MSBuild project) and clicking the Regenerate MCU files fixed the problem.
Having said that, this had me stumped for a good hour before I eventually found this post. I would like to put in a suggestion that, if possible, breaking changes such as this one are documented somewhere on your website for each public release so that this and similar problems can be more easily anticipated when updating VGDB. What I’m saying is, if I had read something like “Change: compactcpp lib removed: Fix: Rebuild MCU files” beforehand I would have already known the cause of the problem and saved a lot of time. Even a simple readme text file next to the download link is better than no information at all.
Thanks for an otherwise great product.