Tag: Joey Levin

Online video platform Vimeo raises $300 mn in funding

Vimeo, an IAC business and the world’s leading video software company, announced it raised $300 million in primary equity from funds and accounts advised by T. Rowe Price Associates, Inc. and Oberndorf Enterprises, LLC at a valuation in excess of $5 billion. This follows the November 2020 announcement of the company’s $150 million equity raise…

Vimeo raises $150 mn equity funding from Thrive Capital, GIC

Vimeo, the world’s leading professional video platform, announced a $150 million equity investment from technology investment firm Thrive Capital and GIC.  “The funding comes on the heels of record growth at Vimeo—heavily driven by demand from business and corporate customers —and values the software-as-a-service (SaaS) company at $2.75 billion,” Vimeo said in its press release.…

Match Group names Sharmistha Dubey CEO

Match Group has announced that after 14 years, Mandy Ginsberg will be leaving the company and stepping down from the Board of Directors. Ms. Ginsberg will be handing the reigns to her longtime deputy, Shar Dubey, who currently serves as the President of Match Group. Ms. Dubey will assume her role effective March 1. The…