YuMe Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
August 07 2013 - 11:22AM
Business Wire
Redwood City, Calif.-based YuMe, a leading provider of digital
video brand advertising solutions, opened for trading today on the
New York Stock Exchange (NYSE) under the ticker symbol
“YUME” after its initial public offering. Barclays is the
Designated Market Maker (DMM) for the company’s stock. Jayant
Kadambi, Co-Founder & CEO, joined by members of the
company’s management team, celebrated the company’s first day of
trading by visiting the NYSE trading floor for the stock opening
and by ringing The Opening Bell®.
YuMe Co-Founder & CEO Jayant Kadambi,
joined by members of the company's management team, rings the NYSE
Opening Bell® to celebrate the company's IPO and first day of
trading on the NYSE. (Source: NYSE Euronext Photo)
“We are delighted to welcome YuMe to our network of innovative
companies,” said Scott Cutler, Executive Vice President, Head of
Global Listings, NYSE Euronext. “We congratulate YuMe on the
completion of its IPO and look forward to a long-standing
partnership with the company and its shareholders.”
"As consumers’ media consumption continues to fragment across
screens, YuMe solves the digital video challenges of brand
advertisers by making it easier for advertisers to discover
receptive audiences in attentive situations, like never before,”
said Jayant Kadambi, Co-Founder & CEO of YuMe. “What better
place to share our story with the world, than on the biggest stage
in business, the NYSE.”
For more information on NYSE Euronext’s listings business and to
learn about trends in the IPO market, please visit the NYSE
Euronext IPO Center.
About YuMe
YuMe is a leading provider of digital video brand advertising
solutions. Its proprietary data-science driven technologies and
large audience footprint drive inventory monetization and enable
advertisers to reach targeted, brand receptive audiences across a
wide range of Internet-connected devices. Designed to serve the
specific needs of brand advertising, YuMe’s technology platform
simplifies the complexities associated with delivering effective
digital video advertising campaigns in today’s highly-fragmented
market. YuMe (NYSE: YUME) is headquartered in Redwood City, CA with
European headquarters in London and nine additional offices
worldwide. The company is backed by Accel Partners, BV Capital, DAG
Ventures, Intel Capital, Khosla Ventures, Menlo Ventures, Samsung
Ventures, Translink Capital and WestSummit Capital. For more
information, visit YuMe.com/pr,
follow @YuMeVideo and like YuMe on Facebook.
Current YuMe logos can be found at
www.yume.com/news/logos.
YuMe is a trademark of YuMe. All other brands, products or
service names are or may be trademarks or service marks of their
respective owners.
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial
markets and provider of innovative trading technologies. The
company's exchanges in Europe and the United States trade equities,
futures, options, fixed-income and exchange-traded products. With
approximately 8,000 listed issues (excluding European Structured
Products), NYSE Euronext's equities markets - the New York Stock
Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca -
represent one-third of the world's equities trading, the most
liquidity of any global exchange group. NYSE Euronext also operates
NYSE Liffe, one of the leading European derivatives businesses and
the world's second-largest derivatives business by value of
trading. The company offers comprehensive commercial technology,
connectivity and market data products and services through NYSE
Technologies. NYSE Euronext is in the S&P 500 index. For more
information, please visit: http://www.nyx.com.
Photos/Multimedia Gallery Available:
http://www.businesswire.com/multimedia/home/20130807005920/en/
NYSE Euronext Global Communications & MarketingAnnmarie
Gioia, 212-656-5437agioia@nyx.comorWaggener Edstrom (for YuMe,
Inc)Jordan Byrnes, 415-547-7049jbyrnes@waggeneredstrom.com
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