Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off

Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off


Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the company has “begun contemplating spinning Vimeo off to our shareholders.” “Given Vimeo’s success, and investor adulation for the Software-as-a-Service (SaaS) category generally, […]


Enterprise – TechCrunch - Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off



November 6, 2020 at 07:00AM

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