Luminate is joining Yahoo

Luminate, Inc. is the leading image advertising and related content network, serving more than 180 million users and over 6 billion image views each month.

Today Luminate, Inc. officially announced that its being acquired & they are ending in-image monetization services for publishers as of today, September 2, 2014.

Here is a newsletter announcement from company CEO

Luminate is being acquired!

Hi,

I’m writing for two reasons: first, to thank you for your business over the last few years and second, to bring you up to date on some changes to the Luminate in-image ad platform. We would like to be the first to inform you that Luminate is going to be acquired by a third party.

As part of this acquisition, we are ending our in-image monetization services for publishers as of today, September 2, 2014. If your site(s) has accrued an outstanding balance greater than $10USD, we will issue your payment no later than September 30. If your remaining balance is less than $10USD, you will not receive any payments as per our Publisher Agreement.

Note: In order for Luminate to send final payments, your payment information must be entered and up to date. To do so, login to luminate.com, click 'sites', click on your corresponding site(s) URL, then enter the payment information on the 'payment' tab.

Thank you again for your support. It has been a pleasure working with you. Further details on the acquisition will be posted to our homepage once the acquisition is closed.

Sincerely,

James Everingham, Luminate CEO

Luminate is joining YAHOO!

Six years ago we started our adventure to make online images come alive for publishers and advertisers. We've built a platform that over 10,000 publishers use to generate incremental revenue from contextually relevant targeted advertisements. Our novel crowdsourcing and image detection technology has fundamentally changed how advertisers and publishers think about their image content.

We are thrilled to be joining Yahoo where we can continue to bring innovative experiences to an even larger audience.

We will be stopping all of our in-image services as of Wednesday, September 3, 2014.

If you are a Luminate publisher, our JavaScript snippet will no longer run anything on your site. If your site(s) have individually earned over $10, you will be receiving a final payment for each site by September 30, 2014. If you are a Luminate Direct advertiser, you will be refunded the remainder of your balance by September 30, 2014.

All Luminate publishers, advertisers and experts will be able to login and access account information until October 1, 2014.

A million thanks to all that have joined us on our incredible adventure: our customers, our experts, our investors and our friends and family.

Sincerely,
James Everingham, CEO, and the Luminate Team