Luminate

Pongr Picks Up Israeli Startup Sightec

As more of the Internet’s real estate becomes populated with pictures, companies are racing to develop computer vision technology that can pick out objects in an image and convert them into data to be used for ad targeting, among other possibilities.

Voice: Moving Pictures

Let’s officially call 2012 the Year of the Imagesphere. To review: Facebook says its users upload more than 300 million photos per day (up from 31 million in 2009). To support this massive interest in photo sharing, the company acquired Instagram in April for $1 billion.

Google-Backed Luminate Turns Pictures Into Interactive Moneymakers

The team behind startup Luminate says that online images could become a lot more powerful and lucrative.