YuMe announce NYSE IPO

Redwood City, CA based YuMe, an independent 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 exchanges famous opening bell.

“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.”

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