Wednesday, July 3, 2013

YuMe Files For IPO

Redwood City-based YuMe, which provides digital media advertising, has filed for an IPO, saying today that it is looking to raised $65M in an offering. The company has filed to list its stock on the New York Stock Exchange, as YUME. YuMe's IPO is being undewritten by Citigroup, Deutsche Bank Securities, Barclays, Needham & Company, and Piper Jaffray. YuMe is venture backed by Khosla Ventures, Accel Partners, DAG Ventures, Menlo Ventures, and BV Capital.