Magic Leap

Magic Leap is an American startup company that is working on a head-mounted virtual retinal display, called Magic Leap One, which superimposes 3D computer-generated imagery over real world objects, by "projecting a digital light field into the user's eye", involving technologies potentially suited to applications in augmented reality and computer vision.

Magic Leap develops computing platform for combining and experiencing digital and physical lives. 

 Magic Leap was founded in 2010 by Rony Abovitz. The company is headquartered in Plantation, Florida with additional offices in California, Texas, Washington, Colorado, Israel, New Zealand, and Switzerland.

 

Magic Leap offers Magic Leap One Creator Edition, a wearable computer that enriches user experience in the real world with digital content, in everything from commerce and entertainment to communications and productivity; and Magic Kit, a toolkit that helps with training in spatial computing through mixed reality interactions. 

 

Magic Leap is backed by top-tier investors including Google, Alibaba Group, Qualcomm, Andreessen Horowitz, and Kleiner Perkins among others. The company has raised a total of $3B in funding to date. 

 

Magic Leap has reported been valued at over $6B as of May 21, 2020. The company was previously valued at $6.5B during it's Series D funding of a $461M on Mar 7, 2018. 

 

Magic Leap has also acquired NorthBit, Fuzzycube Software, Dacuda, & Computes to date. 

 

 

  • Year founded: 2010
  • Funding Info: $3B over 7 Rounds (Latest Funding Type: Venture- Series Unknown)- Magic Leap has also acquired NorthBit, Fuzzycube Software, Dacuda, & Computes to date.
  • Yearly Revenue: $200M-$300M (2019)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at over $6B as of May 21, 2020
  • City/Town: Plantation
  • State: Florida
  • Country: United States
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