Rony Abovitz Archives

Augmented Reality (AR), Companies, Entertainment, News, startups, Wearables

Magic Leap Finally reveals their AR Goggles

After a really long time of waiting, Magic Leap surprised their fans for christmas by unveiling its augmented reality goggles – Magic Leap One. Dubbed Lightwear, the goggle-style headset promises “amazing experiences that feel natural,” all powered by a hip-mounted, puck-shaped computer called a Lightpack. “Engineered to be lightweight and comfortable for hours of exploration. We’ve combined our Digital Lightfield technology with environment mapping, precision tracking and soundfield audio to produce amazing experiences that feel natural,” it says on their website. In terms of the possibilities of the Magic Leap One, it looks like it has somewhat similar AR features as Microsoft HoloLens and ARKit: digital graphics seamlessly merged

Augmented Reality (AR), Companies, Entertainment, News, startups, Virtual Reality (VR)

Google-backed Magic Leap Reveals Mixed Reality Music App

Way in October, Magic Leap, the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding, led by Singapore investment firm Temasek Holdings. The problem was, that at that time, they just promised to create a headset using a type of light-field technology that would result in superior augmented reality experiences, an area most major consumer technology companies are chasing. But it has never given a launch date for its device, nor offered much detail on how it would work. But it seems, something is actually happening. They invited a reporter from Pitchfork, an online music magazine, to

Augmented Reality (AR), Business, Companies, Entertainment, News, Virtual Reality (VR), VR World

Magic Leap Raises $502 Billions Driven by Temasek

Magic Leap, the still-in-stealth-mode company developing an augmented-reality headset, announced that it has raised $502 million in Series D equity funding, led by Singapore investment firm Temasek Holdings. The augmented reality company raised such a sum propelling their total venture funding to $1.9 billion. While that’s far less than Uber, Slack, and other tech unicorns, Magic Leap is special because it has no product to show for it -at least we haven’t still seen anything. “We’re excited to welcome Temasek and the other new investors in this round to the Magic Leap family,” Magic Leap founder and president Rony Abovitz said in a release. “We

Augmented Reality (AR), Breaking, News, Virtual Reality (VR), Wearables

Magic Leap to Unveil their Technology on CES 2017?

Magic Leap is without a doubt one of the hottest companies that appeared in the technology space. Over their brief existence, the company received over $1.4 billion in funding, with the most recent round being a record $793.5 million Series C. The startup is beyond secretive, and by confining themselves to Florida, Magic Leap is avoiding the “Silicon Valley Leakage”, mostly driven by relaxed labor laws in the state of California. Still, the vision is breaking through, and through a carefully designed PR plan, Magic Leap is slowly coming out of the shadow. The latest issue of Wired brings the cover story on Magic Leap, showing all

Android, Audio/Video, Business, Entertainment, Hardware, Mobile Computing, Operating Systems, Software Programs, VR World

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

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