Tag: T. Rowe Price

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…

Epic Games looking to raise $750mn at $17bn valuation: Report

The developer of battle game Fortnite, Epic Games is reportedly looking to raise $750mn at a valuation of $17bn, according to a Bloomberg report. The valuation includes the new funding and is up from the $15bn valuation the company garnered in 2018. As more and more startups are laying off employees, the recent development at…