Luma.io Acquired By Facebook

Eighteen months to two years has traditionally been the average lifespan of any startup destined to either give up or get acquired.  Luma.io announced today that it’s been acquired by Facebook’s Instagram subsidiary.  Luma.io was one of many apps pitched as an “Instagram for video,” providing video stabilization, filters, and hosting.  Yesterday, I wrote about […]

2013 In Review For Y Combinator

Y Combinator Universe published more than a hundred blog posts in 2013.   Topics covered everything from relationship apps for couples to in-memory relational databases.  I wrote about fashion startups and wearable devices.  The acquisition of a dozen companies were mentioned.  And Demo Day for two new batches were detailed, YC W13 and YC S13.  Here’s a […]

Companies

General Description
Midnox
  • Batch: ycw12
  • Location:
  • CrunchBase:
  • Hacker News: n/a
  • Status: acquired by facebook
  • Market: video technology
Midnox has built the Luma, an iPhone app that stabilizes the videos taken with a mobile phone in real time. The app also adds full resolution visual filters in real time, which are "non-disruptive".