Tuesday, November 16, 2010

Video Advertising Platform YuMe Gets A $5 Million Infusion From Intel Capital

Video ad network YuMetoday announced that it has received $5 million in a strategic investment from Intel Capital. YuMe has now raised nearly $55 million in funding and is profitable. YuMe's technology places video ad networks dynamically on videos on a number of publishers across a variety of platform. The company also developers monetization technologies for video publishers that allows them to build apps to support mobile video ads. The new capital from Intel will be used towards this technology.

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Source: http://feedproxy.google.com/~r/Techcrunch/~3/cizUy0ZBuqA/

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