Video site Vimeo on Tuesday unveiled its official iPhone app, which will allow users to create and edit videos, watch existing ones, share with friends, and more.

"We've packed all the best parts of Vimeo into one app! Now you can upload, edit, manage and watch your videos right from your iPhone," Vimeo said. "Need some inspiration? Watch great videos based on your personal preferences or our curated channels."

The app's video editor allows users to: capture video with focus control and grid alignment; combine, edit, and trim videos; add transitions, titles, and effects; add music and recordings; control volume levels; and save videos to camera roll or upload directly to Vimeo.

Footage can be uploaded to Vimeo in standard or high-definition, and the app allows users to pause uploads, replace videos, and edit details.

On the social-networking side, the app allows for sharing on Facebook, Twitter, Tumblr, WordPress, email, and text. Clips can also be added to groups, channels, and albums, and Vimeo will provide stats on things like daily plays, likes, and comments.

"This is just the beginning! We'll be bringing you regular updates with feature improvements, more music, effects and any other features you suggest," Vimeo said.

In August, Vimeo developed an HTML5 version of its video player, which allowed users to watch videos on iOS devices like the iPad, but was not a formal App Store app.

The Vimeo app is free and available now in the App Store. Users must have the iPhone 3GS or iPhone 4 running iOS 4.0 or higher.

This article, written by Chloe Albanesius, originally appeared on PCMag.com and is republished on Gear Live with the permission of Ziff Davis, Inc.