Vimeo raises $150M, while IAC is ‘contemplating’ a spin-off

1:11pm PST - November 5th, 2020    starbucks - TechCrunch

Vimeo has raised $150 million in new equity funding, announced in conjunction with the third quarter earnings of its parent company IAC. In a letter to shareholders, IAC CEO Joey Levin said the company has “begun contemplating spinning Vimeo off to our shareh…