YuMe files for a $65 million IPO

By Renaissance Capital,

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YuMe, which provides digital video advertising solutions, filed on Tuesday with the SEC to raise up to $65 million in an initial public offering. The Redwood City, CA-based company, which was founded in 2004 and booked $123 million in sales for the 12 months ended March 31, 2013, plans to list on the NYSE under the symbol YUME. YuMe initially filed confidentially on April 3, 2013. Citi and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.

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