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magicleap

Great Article on Augmemted Reality Insights: 4 Predictions for Mixed Reality from Magic Leap (Sarah Sloat)

Since it was founded in 2011, what Magic Leap has been working on has been shrouded in mystery. An augmented reality company that promises to do no less than change the world, the Florida-based startup and Google cash bucket has given some pretty amazing demonstrations. On Thursday at the Games for Change festival in New York City, Magic Leap’s Graeme Devine shared with an audience of developers and enthusiasts of “serious gaming” his predictions for how augmented reality will be integrated into regular peoples’ private lives — and gave everyone just a bit more insight into what will happen when the media starts integrating with reality…

Source: 4 Predictions for Mixed Reality from Magic Leap | Inverse

Magic Leap Raises Whopping $793.5M Series C, Adds Alibaba’s Jack Ma To Board As New Funding Pushes Valuation To $5B (TechCrunch)

Magic Leap, the much-hyped augmented reality company that’s raised over $500 million, doesn’t have a consumer product yet, but that isn’t stopping the company from focusing on the potential of the Chinese entertainment market. And raising more money, too.

The Florida-based company is adding Alibaba founder and executive president Jack Ma to its board of directors as part of an upcoming Series C funding round that values it at $5 billion, a source close to Magic Leap told TechCrunch…

 

Source: Magic Leap Adds Alibaba’s Jack Ma To Board As New Funding Pushes Valuation To $5B | TechCrunch

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