YuMe Raises $25M

YuMe, a Redwood City, CA-based video advertising management platform provider, has closed a $25m round of funding.
The round was led by new investor Menlo Ventures, with participation from existing investors Accel Partners, BV Capital, DAG Ventures and Khosla Ventures.
In conjunction with the funding, Shawn Carolan, a Managing Director for Menlo Ventures, joins YuMe’s board of directors.
This funding will help facilitate new technology offerings and additional expansion.

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