Vimeo Raises $300 Million, Valuation Tops $5 Billion Ahead of IAC’s Planned Spinoff

The new investment in Vimeo came from T. Rowe Price Group and Oberndorf Enterprises. Last month, Barry Diller’s. That followed Vimeo’s $150 million fundraise in November from Thrive Capital and GIC, which gave it a $2.75 billion valuation.

In December 2020, Vimeo had year-over-year revenue growth of 57%, representing the unit’s fastest growth for the year. According to IAC’s Q3 results, Vimeo was profitable and grew revenue 44% to $75 million for the quarter.

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