YuMe Closes IPO
Aug 12, 2013, 4:17 PM
YuMe, a provider of digital video brand advertising solutions, announced the closing of its IPO of approximately 5 million shares of common stock at a price to the public of $9.00 per share. The underwriters have an option to purchase up to 768,750 shares of common stock from certain selling stockholders. YuMe's proprietary data-science technologies drive inventory monetization and enable advertisers to reach targeted, brand-receptive audiences across an array of Web-enabled devices.