Vimeo

Vimeo, Inc.
Trade name	Vimeo
Company type	Public
Traded as	Nasdaq: VMEO; Russell 2000 component;
Founded	November 14, 2004
Founder	Jake Lodwick (co-founder); Zach Klein (co-founder); Josh Abramson (partner); Ricky Van Veen (partner);
Headquarters	New York City, United States
Area served	Worldwide (except blocked countries)
Key people	Philip Moyer (CEO);
Products	Vimeo OTT; Vimeo Livestream; Vimeo Stock; Vimeo Enterprise; Vimeo Create; Vimeo Record;
Revenue	US$417 million (2024)
Operating income	US$19 million (2024)
Net income	US$27 million (2024)
Total assets	US$643 million (2024)
Total equity	US$409 million (2024)
Number of employees	1,102 (December 2024)
Parent	IAC (August 15, 2006 – May 25, 2021)
Subsidiaries	VHX; Vimeo Livestream; Magisto;
	Vimeo.com
Type of site	Video hosting service, Software as a service
Available in	7 languages: English, Spanish, German, French, Japanese, Portuguese, Korean
Advertising	No
Registration	Optional
Users	300 million (2023)
Launched	December 15, 2004
Current status	Active
Website	vimeo.com
	Footnotes / references;

Vimeo (/ˈvɪmioʊ/ VIM-ee-oh) is an American video hosting, sharing, and services provider founded in 2004 and headquartered in New York City. Vimeo focuses on the delivery of high-definition video across a range of devices and operates on a software as a service (SaaS) business model. The platform provides tools for video creation, editing, and broadcasting along with enterprise software solutions and 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.

The site was initially built by Jake Lodwick and Zach Klein in 2004 as a skunkworks project of CollegeHumor, taking inspiration from the photo sharing site Flickr launched earlier that year by Ludicorp. The project was organized as a division of CollegeHumor's parent, Connected Ventures, a startup formed by Ricky Van Veen, Josh Abramson, Lodwick and Klein. IAC acquired a 51% controlling stake in Connected Ventures in August 2006 for US$21 million. Following the acquisition of YouTube less than three months later for over US$1.65 billion, IAC directed more effort into Vimeo. Lodwick and Klein both departed by 2008 and IAC implemented a more corporate-focused structure to build out Vimeo's services. In May 2021, Vimeo became a standalone public company.