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YuMe Replaces CEO

YuMe, the video advertising network that was recently involved in controversy with comScore over just how big it is, has brought in a new CEO, according to an email from a company spokesperson. Michael Mathieu, who previously ran the Internet business for Freedom Communication, and before that United Online, will replace YuMe’s founding CEO Jayant Kadambi.

Kadambi will stay at the company, serving as president and board member with a focus on the YuMe’s technology rather than its management.

YuMe has raised more than $16 million from DAG Ventures, Khosla Ventures, Accel Partners, and BV Capital.

YuMe competitor ScanScout also had its CEO resign at the end of last year.

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