According to CNBC, video platform Vimeo raised $150 million in equity from Thrive Capital and GIC. The investment values the software-as-a-service company at $2.75 billion. Vimeo's parent company, Interactive Corp., is considering spinning off the company.

Vimeo is a leading professional video platform and community with over 200 million members across more than 150+ countries. Vimeo is headquartered in New York City with offices around the world, and is an operating business of IAC.