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Initially, it was designed solely as a rewrite of UBB, in PHP using My SQL, and was meant only for their own forum.
Other UBB owners expressed interest in the solution, and they offered to sell it to Infopop, but their proposal was rejected.
The release of v Bulletin 2 proved to be very successful and is what made v Bulletin popular.
In December 2002, v Bulletin 3 was beginning development.
As their site grew, they noticed that their software, written in Perl using a flat-file database, could not always cope with the number of users they had.
In February 2000, the two decided that it would be better to write their own solution as both were unfamiliar with the software's code and thus unable to optimize it.
When this version was released, it had numerous new features over v Bulletin 1, which it replaced.
Improvements include private messaging between users, attaching polls to threads, unlimited forum nesting, user avatars, and a user control panel. Initially, version 3.0 was intended to be an extension of the 2.x release that would improve performance and user experience.
On 4 July 2007 Jelsoft announced that Jelsoft had been acquired by Internet Brands, which promised significant investment in software development.
The Gold release of v Bulletin 3.6.0 New features in 3.7 included an inline spam management & prevention system, thread tagging and tag cloud, thread prefixes, reciprocal friendship between users, public visitor messaging on user profile pages, user picture albums, user-created social groups, user-customizable profile pages, a lightbox viewer for images attached to posts, post edit history, a notices system, multiple human verification systems, and social bookmarking integration.
Version 3.8 introduced more new features, such as social group discussions, social group categories, private message sorting and filtering options, private message history, quick edit for newer types of content (visitor messages and picture comments), social group icons, social group transfers, a private message quick reply box, private message throttling (limit messages sent over a time period), private message reporting, profile privacy (limit blocks to a subset of users), lightbox navigation, thread prefix permissions, and dismissible notices.
The lawsuit alleges "widespread infringement and unlawful exploitation" of v Bulletin's source code and "equally damaging misappropriation of trade secrets" developed and owned by v Bulletin with "investments of millions of dollars over the last ten years." The lawsuit further alleges that the developers of Xen Foro Ltd.
"took with them virtually every type of document a competitor would need to enter the market and unlawfully create a competing bulletin board software program." Since the initial release of the v Bulletin forum product in 2000, there have been many changes and improvements.