Vimeo is an ad-free open video platform headquartered in New York City, providing free video viewing services as a competitor to YouTube. The company provides creators with tools and technology to host, distribute and monetize videos. In 2007, Vimeo became the first video sharing site to support high-definition video. It has launched several products that enable quality video creation at scale, most recently with the launch of Vimeo Stock in fall of 2018. Vimeo is a SaaS business, and offers subscription plans that service a range of customer segments. Vimeo was founded in November 2004 by Jake Lodwick and Zach Klein. Anjali Sud has been CEO of Vimeo since July 2017.