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Private equity firms GIC and Thrive led a $150m private equity round in Vimeo, a video hosting platform. "Our goal is to radically simplify how businesses create and share video, with tools that are far more intuitive and cost-effective than they've been historical. We're energized to access additional capital to pursue this enormous opportunity with the full focus and scale of the Vimeo platform," Anjali Sud, Vimeo CEO.
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