laravel 4.2 storing/uploading profilce picture and retrieving from database

i m new to laravel 4.2 i'm am developing a web application ..now i want to store a profile picture into database.

this is my controller file code

public function profilepicture(){


 $data = Input::hasfile('file');

 DB::table('company')->insert(array('data'=>$data));
 return Redirect::to('/companyreg');
}

this is from route file

Route::any('/company_profile','CompanyController@profilepicture');

this is form view

<form method="post"  action="{{url('/company_profile')}}">
<input type="file" name="file" />
<input type="submit" name="submitfile" value="upload" />
</form>