Vidme

Vidme
Type of site
Video hosting service
Available in English
Headquarters Los Angeles, California, U.S.
Owner Bit Kitchen
Website Vidme.com
Alexa rank Increase 3,332,778[1]
Registration Optional
Launched January 22, 2014 (2014-01-22)
Current status Closed since December 15, 2017

Vidme was a video hosting service that launched to the public in 2014.[2] It described itself as a hybrid between video hosting website YouTube and social news site Reddit.[2]

The company was founded in 2014 by Warren Shaeffer and Alex Benzer in Los Angeles, California, and was originally called Viddme. After gaining in popularity, Viddme purchased the domain for Vidme and changed its name.[3] In April 2015, the site received a $3.2 million Series A round of funding.[4][5] Investors in the seed round included Mark Suster of Upfront Ventures and Reddit co-founder Alexis Ohanian. As of April 2015, Vidme had 30 million unique visitors per month.[5] The following year, it received a $6 million round.[6]

On December 1, 2017, after nearly four years of operation, Vidme announced it would shut down on December 15, 2017. Vidme stopped accepting new uploads or new members at that time. The site's closure was due to, according to the company, not finding a sustainable model and due to an increase in competition.[7][8]

See also

References

  1. "Vidme.com Traffic, Demographics and Competitors - Alexa". www.alexa.com. Retrieved 2018-07-21.
  2. 1 2 Spangler, Todd (December 13, 2016). "Startup Vidme Raises $6 Million to Build 'YouTube-Reddit' Hybrid". Variety. Retrieved 2017-05-07.
  3. Perez, Sarah (January 17, 2014). "Vidme Brings Anonymous Video Sharing To Web, iPhone & Android". TechCrunch. Retrieved 2017-10-31.
  4. Kiberd, Roisin (June 14, 2017). "Vidme Is the Latest Challenger to YouTube's Dominance". Motherboard. Retrieved 2017-08-26.
  5. 1 2 Perez, Sarah (April 7, 2015). "Vidme, An Imgur For Video, Grabs $3.2 Million". TechCrunch. Retrieved 2017-08-26.
  6. Weiss, Geoff (December 13, 2016). "Vidme, A Cross Between YouTube And Reddit, Raises $6 Million In New Funding". Tubefilter. Retrieved 2017-05-08.
  7. Shaeffer, Warren (1 December 2017). "Goodbye for now". Vidme. Retrieved 7 December 2017 via Medium.
  8. Shah, Saqib (4 December 2017). "Vidme's YouTube-meets-Reddit video service is no more". Engadget. Retrieved 7 December 2017.
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