Vidme

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Vidme
Vidme-logo-big.png
Vidme screenshot 2017.png
Screenshot of Vidme's homepage
Web address Vidme.com
Type of site
Video hosting service
Registration Optional
Available in English
Owner Bit Kitchen
Launched January 22, 2014 (2014-01-22)
Current status Closed since December 15, 2017

Vidme was a video hosting service that was launched to the public in 2014.[1] It officially described itself as a hybrid between video hosting website YouTube and social news site Reddit.[1]

History

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.[2]

In April 2015, the site received a $3.2 million Series A round of funding.[3][4] 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 uniques per month.[4] The following year, it received a $6 million round.[5]

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, according to the company, to not finding a sustainable model and due to an increase in competition.[6][7]

Criticism

Shortly before its shutdown, some critics claimed that Vid.Me was an SJW converged organization that appeared to use arbitrary criteria that it would not describe to determine who it would verify.[8]

See also

References

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External links