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February 3, 2016 12:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/q0TmERLktuo/magic-leap-raises-794-million-to-accelerate-adoption-of-secretive-ar-tech
Magic Leap Raises $794 Million To Accelerate Adoption of Secretive AR Tech
An anonymous reader writes: A massive new $794 million Series C investment in secretive AR startup Magic Leap puts the company among the world's most valuable startups, now reportedly valued at $4.5 billion. The company has aggressively teased what they believe to be revolutionary augmented reality display technology, allowing a mixture of the real and virtual dimensions in a way previously not achieved. Although they've played coy to the public, offering little more than bold claims, investors like Alibaba, Google Ventures, and Qualcomm Ventures have bought into the company's vision to the tune of $1.39 billion in total raised by Magic Leap thus far. Also at Network World, which notes that their demo must be amazing.Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/q0TmERLktuo/magic-leap-raises-794-million-to-accelerate-adoption-of-secretive-ar-tech
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