Tuesday, June 30, 2009

YuMe picked as msnbc.com's ad server

News outlet msnbc.com has chosen YuMe Inc. as the ad server for its embedded video players.

Msnbc is a joint venture of Microsoft Corp. (NASDAQ: MSFT) and NBC Universal, owned by General Electric (NYSE: GE).

Redwood City’s YuMe is privately held and backed by Menlo Park-based Khosla Ventures, Palo Alto-based Accel Partners, San Francisco-based BV Capital and Palo Alto-based DAG Ventures.

The companies didn’t give financial details of the deal.

YuMe is led by CEO Michael Mathieu.

Source: bizjournals

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