Luma (YC W12) acquired by Facebook and integrated into Instagram video

[hayksaakian]

What did they do exactly? Reading the site was unhelpful.

[maxmcd]

Video capturing app with filters and some social media components. They also had fantastic video stabilization. I'm guessing they're what's powering Instagram's video functionality.

[nivla]

http://blog.luma.io/

Here, the video on their blog explains it.

[brownBananas]

This is amazing! When I first saw Luma, I thought it was technology too early for common person/user. But integrating it with Instagram's existing user base, everyone can start reaping the benefits. Good job guys!

[samstave]

Well, just deleted Luma.

What a sad thing. Last thing I want is to route my vids through FB...

[lancefisher]

This just caused me to look back at a few videos I recorded playing around with Luma. They really are fantastic. It looks like I'm filming with a steady cam, flying alongside my running kid.

Congratulations!

[r00fus]

Congrats to the Luma team - very useful stabilization that I've demo'd to others.

[kenrikm]

Congrats - some really impressive technology from a small team.

[ralphleon]

Congrats, awesome tech from talented and nice guys!

[sskates]

Congrats guys!

[abbasmehdi]

The technology is fantastic, love how good the videos come out. Really looking forward to what Instagram does with it. Congrats to the brothers.

[reso]

Nice work to the brothers Karpenko! I always knew luma.io was going to have a happy ending.

[kmfrk]

When they say "acquired by Instagram", does Instagram have the authority to do that, or does it just mean "acquired by Facebook to be used for Instagram"?

[pearjuice]

Any detail on the numbers?