Vimeo

Vimeo, Inc.
Type of businessPublic
Type of site
Video hosting service, Software as a service
Available inEnglish, Spanish, German, French, Japanese, Portuguese, Korean
Traded as
FoundedNovember 2004 (2004-11)
Headquarters,
United States
Area servedWorldwide (except blocked countries)
Founder(s)
Key people
  • Philip Moyer
    (CEO)
Products
RevenueIncrease US$433 million (2022)
Operating incomeDecrease US$−83 million (2022)
Net incomeDecrease US$−80 million (2022)
Total assetsDecrease US$605 million (2022)
Total equityDecrease US$354 million (2022)
Employees1,236 (December 2022)
Subsidiaries
URLvimeo.com
AdvertisingNo
RegistrationOptional
Users300 million (2022)
LaunchedNovember 2004 (2004-11)
Current statusActive
[1][2]

Vimeo, Inc. (/ˈvɪmi/)[3] is an American video hosting, sharing, and services platform provider headquartered in New York City. Vimeo focuses on the delivery of high-definition video across a range of devices.[a] Vimeo's business model is through software as a service (SaaS). They derive revenue by providing subscription plans for businesses and content creators. Vimeo provides its subscribers with tools for video creation, editing, and broadcasting, enterprise software solutions, as well as the means for video professionals to connect with clients and other professionals. As of December 2021, the site has 260 million users, with around 1.6 million subscribers to its services.[1]

The site was initially built by Jake Lodwick and Zach Klein in 2004 as a spin-off of CollegeHumor to share humor videos among colleagues, though put to the side to support the growing popularity of CollegeHumor. IAC acquired CollegeHumor and Vimeo in 2006, and after Google had acquired YouTube for over US$1.65 billion, IAC directed more effort into Vimeo to compete against YouTube, focusing on providing curated content and high-definition video to distinguish itself from other video sharing sites. Lodwick and Klein eventually left by 2009, and IAC implemented a more corporate-focused structure to build out Vimeo's services, with former CEO Anjali Sud having been in place since July 2017. IAC spun off Vimeo as a standalone public company in May 2021.

  1. ^ a b "Vimeo, Inc. 2022 Annual Report (Form 10-K)". SEC.gov. U.S. Securities and Exchange Commission. February 27, 2023.
  2. ^ "Vimeo on the Internet Archive". Archived from the original on December 17, 2004.
  3. ^ "How to pronounce Vimeo?". Vimeo. Retrieved January 17, 2019.


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