Enterprise Value (based on primary fundings)

Company Description

Magic Leap provides a proprietary wearable technology that uses virtual and augmented-reality technology with dynamic-image computing and alternative stereoscopic 3D that harmonizes with human senses, enabling users to interact with digital devices in a completely visually cinematic way. Magic Leap was founded in 2010 by Rony Abovitz and is headquartered in Florida. On Oct 2018, Company started selling its first wearable headset Magic Leap One in the United States. The company has till date raised most money by any startup in immersive computing space.

Company Info

Website: www.magicleap.com

Industry: Software

Founded: 2011

Funding to Date: $592M

Last Round Est. Valuation: $6.46B

Management Team
  • Rony Abovitz - CEO, President, & Founder
  • Brian Schowengerdt Ph.D - Co-Founder & Chief Science and Experience Officer
  • Scott Henry - CFO
  • Brenda Freeman - Chief Marketing Officer
  • Rio Caraeff - Chief Content Officer
Board Members
  • Don Harrison JD - Alphabet
  • George Sent - Self
  • Richard Tapalaga - Qualcomm Ventures
  • Joseph Tsai JD - Alibaba Group Holding
  • Sundar Pichai - Alphabet
  • Richard Taylor - Self
  • Paul Jacobs - Self

Magic Leap News

Article
2018-12-05

Techcrunch - Magic Leap’s executive team is pretty heavy on the dudes these days. The augmented reality startup’s two female C-suite executives, Chief Marketing Officer Brenda Freeman and Chief Business Officer Rachna Bhasin, have recently both stepped back into advisory roles at the company, TechCr…

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