Vimeo, Inc. is an American video hosting, sharing, and services platform provider headquartered in New York City, providing a cloud-based software platform that allows organizations and enterprises to connect with their audiences, customers and employees. The company was the first online video platform to support HD video and is used by creative professionals, businesses, and individuals to create, stream, host, distribute, market, monetize, view and analyse videos, online and across devices. The firm has been in operation since 2004.
The firm serves more than 230 million active users worldwide, including around 1.6 million subscribers. There are approximately 350,000 new videos added to the platform each day. The firm has grown over the years through various strategic acquisitions. Vimeo has acquired VHX, Livestream and Magisto.
The firm’s products include Vimeo Create that allows users to easily create online videos using customisable templates or their own unique footage. The company also runs Vimeo For Hire marketplace to allow businesses and individuals to find and hire creative professionals such as videographers, animators, editors and actors. The firm is listed on the NASDAQ where it trades under the ticker VMEO.
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