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Vimeo Raises $300 Million of Equity

Vimeo Raises $300 Million of Equity

Vimeo, an IAC (NASDAQ: IAC) business and the world’s leading video software company, today 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 and IAC’s plan to