In the world of startups, holy goal for any start-up entrepreneur is to have his idea being considered a unicorn. There are also RABBITs (Real Actual Business Building Interesting Tech), and it seems to us that 2016 will see the unlikely battle of how many unicorns can become rabbits. To bring any idea to the market is a very difficult process, regardless of how much money you have. However, in the case of MagicLeap, Inc. – you can see that their idea is building steam worth billions of dollars. Following a $542 million ‘Series B’ round which was lead by Google (Series B funding: Andreessen
Look Back: Virtual Reality gets Real at E3 2015
Just a couple of weeks ago, the Electronic Entertainment Expo was hosted in the beautiful city of Los Angeles, and will be held once more on June 14-16, 2016. This annual event, which is better known to followers simply as ‘E3’, is always a hive of activity and usually offers some fascinating insights into the real-time gaming world. This years’ offering was no exception, with game hardware and the rise of virtual reality (VR) technology firmly under the spotlight. While there may have been a strong focus on VR technology at the event, however, there was a strong suggestion that some of the most intriguing
VR Startup Magic Leap Closes $542M Funding Round
The secretive VR startup Magic Leap just closed a Series A $542 million round of funding that includes Google, Qualcomm, Legendary Entertainment and more