(Reuters) - Magic Leap Inc, a startup focused on augmented reality technology, said it raised $542 million in a funding round led by Google Inc.
Little is known about Magic Leap’s product, but founder and CEO Rony Abovitz said in February that his company’s mission was to “develop and commercialize.. the most natural and human-friendly wearable computing interface in the world.” (bit.ly/ZEocLU)
Investors in the latest round included Qualcomm Inc, the world’s No.1 mobile phone chipmaker, Andreessen Horowitz, KKR and Legendary Entertainment.
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