Redwood City,
Calif. – YuMe, the operator of a
video advertising network, announced on Wednesday that it has closed a new $25
million round of financing, led by Menlo Ventures.
Previous investors Accel
Partners, Khosla Ventures, BV Capital and DAG Ventures also participated.
Founded in 2004, Redwood City, Calif.-based YuMe
has now raised more than $45 million in venture capital, and is now profitable.
The company’s network includes publishers such as MSNBC, IDG Entertainment and
Glam Media.
Related Links:
http://www.yume.com/blog/2010/02/17/yume-raises-25-million/
http://snipurl.com/ueda0
(N.Y.Times)
