8. Magic Leap $350.0M
Round: Venture
Description: Plantation-based Magic Leap is a proprietary wearable technology that enables users to interact with digital devices in a completely visually cinematic way. Founded by Brian Schowengerdt and Rony Abovitz in 2011, has now raised a total of $3.0B in total equity funding and is backed by investors that include Alibaba Group, Andreessen Horowitz, Kohlberg Kravis Roberts, Kleiner Perkins, and Temasek Holdings.
Investors in the round:
Funding month: May
Industry: Augmented Reality, Computer Vision, Consumer Electronics, Software, Video, Wearables
Founders: Brian Schowengerdt, Rony Abovitz
Founding year: 2011
Location: Plantation
Total reported equity funding: $3.0B
The TechWatch Media Group audience is driving progress and innovation on a global scale. With its regional media properties (NYC Tech, LA Tech, London Tech, Paris Tech, Boston Tech), TechWatch Media Group is the highway for technology and entrepreneurship. There are a number of options to reach this audience of the world’s most innovative organizations and startups at scale including having prominent brand placement in a high-visibility piece like this, which will be read by the vast majority of key influencers in the business community and beyond. Find out more here.
