Google and Nokia are both exiting from the image advertising network, which had raised more than $28m, through an acquisition by Yahoo.

Internet company Yahoo acquired Luminate, a US-based platform for interactive images, on Friday for an undisclosed amount, providing exits to internet company Google and mobile device maker Nokia.

Founded in 2008 as Pixazza, Luminate created an image advertising and related content network it claimed served more than 180 million people each month. It has halted its in-image services as of the close of the deal.

The company had raised approximately $28.5m in funding, including $10.7m from a 2012 series C…