Magic Leap on Tuesday announced that Google was the lead investor in a $542 million round of funding for its secret endeavors. Also participating in the financing round were Qualcomm, Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz and Obvious Ventures. Details are scarce about Magic Leap's forthcoming products, but they are likely proprietary wearable technology. Magic Leap is said to be developing an eyeglasses-like device that can project computer-generated images over real-life settings.Google Takes a Flyer on Magic Leap
Magic Leap on Tuesday announced that Google was the lead investor in a $542 million round of funding for its secret endeavors. Also participating in the financing round were Qualcomm, Legendary Entertainment, KKR, Vulcan Capital, Kleiner Perkins Caufield & Byers, Andreessen Horowitz and Obvious Ventures. Details are scarce about Magic Leap's forthcoming products, but they are likely proprietary wearable technology. Magic Leap is said to be developing an eyeglasses-like device that can project computer-generated images over real-life settings.
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