Tuesday, November 16, 2010

YuMe Gets Investment From Intel Capital

Redwood City-based YuMe, a developer of video advertising technology, said Tuesday afternoon that it has received a strategic investment from Intel Capital. Amount of the investment was not disclosed. YuMe said the funding willl go towards developing new products for PCs, moible devices, and consumer electronics devices. YuMe is headed by Michael Mathieu. The company has previously raised funding from Accel Partners, BV Capital, DAG Ventures, Khosla Ventures and Menlo Ventures. More information »