History
Shutterstock was founded in 2003 by Jon Oringer. Oringer uploaded 30,000 of his own stock photos and made them available via subscription, forming the basis of the company.
In February 2006, Shutterstock began selling stock video, the first site of its kind to do so. Originally a subscription site, in August of 2008, Shutterstock expanded beyond subscriptions into a la carte purchase options.
On September 23, 2009, Shutterstock announced that it had purchased rival site Bigstock, a credit-based microstock photography agency.
In February 2011, Shutterstock announced a two-year partnership with the AIGA, to provide creative inspiration to its members.
In February, 2012, Shutterstock surpassed 200 million stock image downloads, making them the first stock agency to claim such a milestone.
As of April 2012, Shutterstock had more than 19 million royalty-free images and 500,000 royalty-free video clips available to subscribers, taken by more than 35,000 photographers, illustrators, and videographers.
In June, 2012, Shutterstock surpassed 20 million images in its collection.
In May 2012, Shutterstock filed for an initial public offering on the New York Stock Exchange.
On October 17, 2012, Shutterstock completed its initial public offering on the New York Stock Exchange, trading under the ticker SSTK.
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